A non-elective contribution is a contribution made by the employer to all eligible employees, regardless of whether they participate in the plan or not. This means everyone in the group receives funds even if they don’t “elect” to be in the plan. A non-elective safe harbor eligible employees receive an annual employer contribution of 3% of their salary.
Non-elective
EmployerSalaryLast updated by
Dan Conover
Dan Conover