Highly Compensated. Any Employee who at any time during the Plan Year is a "highly compensated employee" as defined in Section 414(q) of the Code.
Highly Compensated. An employee or Participant shall be “Highly Compensated” for any Plan Year if the employee or Participant:
Highly Compensated. 8.9 Highly Compensated Group Contribution Percentage
Highly Compensated. Employee Effective for years after December 31, 1996, the term Highly Compensated Employee means any Employee who: (1) is a 5% owner at any time during the year or preceding year, or (2) for the preceding year had Compensation from the Employer in excess of $80,000 and if the Employer so elects in the Adoption Agreement, is in the Top-Paid Group for the preceding year. The $80,000 amount is adjusted at the same time and in the same manner as under Code Section 415(d), except that the base period is the calendar quarter ending September 30, 1996. For the determination of who is a Highly Compensated Employee, the applicable year of the Plan for which a determination is being made is called a determination year and the preceding twelve (12) month period is called a look-back year. Employees who do not meet the Highly Compensated Employee definition are considered Non-Highly Compensated Employees. A Highly Compensated former Employee is based on the rules applicable to determining Highly Compensated Employee status in effect for that determination year, in accordance with Section 1.414(q)-1T, A-4 of the temporary Income Tax Regulations and IRS Notice 97-45. In determining whether an Employee is a Highly Compensated Employee for years beginning in 1997, the amendments to Code Section 414(q) stated above are treated as having been in effect for years beginning in 1996. In order to be effective, a Top-Paid Group election or calendar year data election must apply consistently to all plans of the Employer that begin with or within the same calendar year.
Highly Compensated. The Trusts request this information to assist in the nondiscrimination testing required under Section 410(b) of the Internal Revenue Code. An employee is Highly Compensated for 2023 if the employee is either:
Highly Compensated. Former Employees shall be treated as Highly Compensated Employees. The method set forth in this Section for determining who is a "Highly Compensated Former Employee" shall be applied on a uniform and consistent basis for all purposes for which the 414(q) Compensation definition is applicable.
Highly Compensated. 1.13 1.25 Hixon................................................1.17 0.26 Hour of Service......................................1.17 1.27
