Company match true up

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MonikaS
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Posts: 9
Basic Member
     We are going from flat contributions and percentage to percentage only. The company match may not calculate correctly for employees who front load the contributions at the beginning of the year. The true-up is to make sure that the employee is not penalized for hitting the maximum deferral dollar amount early in the year ($17,000 base contribution that is matched). A true-up looks at the employee's deferrals and 'levels' them throughout the year to see if they would have otherwise received a larger matching contribution. Does anyone have similar calculation in place? If yes, does Lawson calculate this for you or is this a manual process?  Thank you,  Monika