Yes, those are the rules. Where's the free lunch, right? :)
The simple answer is.... the match related to the returned deferral is forfeited and may be used to reduce an additional employer match.
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Yes. You should re-test. And be sure to distribute the corrective distributions before April 15 to avoid double taxation. If distributed after April 15, the excess is still taxable in the year the deferral was made and it is also taxed in the year of distribution. In order to avoid double taxation, it is imperative that plans refund excess deferrals to participants by April 15.