Tax Drill - Participation Requirements Complete the following statements regarding plan participation and coverage requirements. A qualified plan must provide, at a minimum, that all employees in the covered group who are be eligible to participate after completing completion of years of age of service. A year of service is generally defined as the hours of service within a measuring period of 12 consecutive months. As an alternative, where percent of an employee's accrued benefits will be vested upon entering the plan, the from the date of the plan provides that employee's participation may be postponed until the later of age employment. or Once the age and service requirements are met, an employee must begin participating no later than the earlier of the following: The day of the first plan year beginning after the date on which the requirements were satisfied. months after the date on which the requirements were satisfied