Plan Provision: Highly Compensated Employees. For Plan Years beginning after 1996, the Employer may elect a “Top-Paid Group” election and the Calendar Year Data election to determine the definition of Highly Compensated Employee:
Appears in 6 contracts
Samples: Nonstandardized Adoption Agreement (Legacy Bancorp, Inc.), Prototype Defined Contribution Plan (FNB United Corp.), Prototype Defined Contribution Plan (Georgetown Bancorp, Inc.)