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Originally Posted by VINMAN
My company did that with our lower level management employees. Non- management is still safe... for now...
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From my days of working with our company's 401K, I would think that is rather illegal per 401K non-discrimination rules... maybe some HR types can shed some light on this ? Also, If your lower paid employees aren't contributing, you will become top-heavy rather quickly which will limit the contributions management can make. In smaller companies it is often a constant battle to not become top heavy and the only way to prevent it is to keep the lower paid personnnel contributing.