401(k) set up Match Percent Schedule

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Kchan
Basic Member
Posts: 16
Basic Member

    Currently, our Contribution Type on BN15.1 is 6 Match Limit Schedule. When I change it to 7 Match Percent Schedule, Lawson does not allow me. It gives me the message: "Cannot change coverage or contribution type; benefits exist."

    Do you know how to go about changing the contribution type?

    Thanks!

    Margie Gyurisin
    Veteran Member
    Posts: 538
    Veteran Member
      Sad to say you will need to set up a new plan.

      You can use a BN103 with csv export to end the old plan and use the csv file to upload those records to the new plan.
      Kchan
      Basic Member
      Posts: 16
      Basic Member

        Thanks for the response. Do you have a step by step document on how to do what you described? Or, do you know where I can find the resource for it?

        thanks,

        Kathy

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