401K Match

I would like to talk to anybody who successfully set up a 401K Match plan for employees who are eligible after 1 year of employment.

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Legacy Contributor

We have reported an Infor incident for the employer match contribution calculations for our GHR benefit plan. Our policy contributes an employer match percentage based on employees tenure being above 1 YOS. We have configured 2 rows on the Contribution record of 0 - 1 & 2 - 999 YOS ranges which works well for all employees with the exception of YOS > 1 year and YOS < 2 years which do not get a match. We consider this a bug but Infor has requested that we build employee groups to work around the issue. Has anyone with Global HR had a similar issue?

Legacy Contributor

we have the groups in place just to set what plan you are eligible for (401K or 403B).

We have the match set on our Match Limits (BN19.3)- which reviews your Benefit Date 1 to see where you fall in line with this chart (you can have it look at just about any date though):

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