Highly Compensated Active Employee means any Employee who performs services for an Employer or Affiliate during the Determination Year and who:
Highly Compensated Active Employee means any Participant who performed service for the Company during the Determination Year and who:
Highly Compensated Active Employee means an Employee described in Code Section 414(q) and the regulations thereunder, who performs services for the Company or an Affiliated Company during the Plan Year and is in one or more of the following groups:
Examples of Highly Compensated Active Employee in a sentence
Highly Compensated Employee means any individual who is a Highly Compensated Active Employee or a Highly Compensated Former Employee within the meaning of Code Section 414(q) and the regulations thereunder.
The term Highly Compensated Employee means any Highly Compensated Active Employee or Highly Compensated Former Employee as further defined herein.
Highly Compensated Former Employee means any Former Employee who had a Separation Year (within the meaning of Treasury Regulation Section 1.414(q)-1T Q&A-5) and was a Highly Compensated Active Employee for either the Separation Year or any Determination Year ending on or after the Employee's 55th birthday.
The term “Highly Compensated Former Employee” for any Plan Year includes any former employee (including Leased Employees) who separated from service (or was deemed to have separated from service) prior to the beginning of the Plan Year, and was a Highly Compensated Active Employee for either the separation year or any Plan Year ending on or after the employee’s 55th birthday.
Any Employee who separated from service (or was deemed to have separated) prior to the determination year, performs no service for an Employer during the determination year, and was a Highly Compensated Active Employee for either the separation year or any determination year ending on or after the Employee’s 55th birthday.
More Definitions of Highly Compensated Active Employee
Highly Compensated Active Employee means, with respect to a Determination Year, an Employee who is an Active Employee during the Determination Year and who either:
Highly Compensated Active Employee means any Employee who performs services for the Employer or any Affiliate during the "determination year" and who, during the "look-back year": (A) received compensation from the Employer or any Affiliate in excess of $75,000 (as adjusted pursuant to Code section 415(d)); (B) received compensation from the Employer or any Affiliate in excess of $50,000 (as adjusted pursuant to Code section 415(d)) and was a member of the "top-paid group" for such year; or (C) was an officer of the Employer or any Affiliate and received compensation during such year that is greater than 50% of the dollar limitation in effect under Code section 415(b)(1)(A). The term "highly compensated employee" shall also include: (I) an Employee who is both described in the preceding sentence if the term "determination year" is substituted for the term "look-back year" and is one of the 100 Employees who received the most compensation from the Employer or any Affiliate during the determination year; and (II) an Employee who is a 5% owner at any time during the look-back year or determination year. If no officer has satisfied the compensation requirement of clause (C) above during either a determination year or look-back year, the highest paid officer for each such year shall be treated as a Highly Compensated Employee.
Highly Compensated Active Employee means any Employee who (i) was a 5% owner (as defined in Code section 416(i)(1)) during the Plan Year or the preceding Plan Year or (ii) for the preceding Plan Year had compensation (within the meaning of Code section 414(q) as in effect for the Plan Year of determination) from the Participating Company or an Affiliated Group member in excess of $80,000, as adjusted by the Secretary of the Treasury or a delegate thereof in accordance with Code section 414(q), and was in the Top Paid Group of Employees for such preceding Plan Year. For purposes of the definition of “Highly Compensated Active Employee,” Employee shall not include a non-resident alien who receives no earned income from sources within the United States.
Highly Compensated Active Employee means any Employee who (a) was a 5% owner (as defined in Code section 416(i)(1)) during the calendar year or the preceding calendar year or (b) for the preceding calendar year had compensation (within the meaning of Code section 414(q) as in effect for the year of determination) from the Participating Company or an Affiliated Group member in excess of $80,000, as adjusted by the Secretary of the Treasury or a delegate thereof in accordance with Code section 414(q), and was in the Top Paid Group of Employees for such preceding calendar year. For purposes of the definition of “Highly Compensated Active Employee,” Employee shall not include a non-resident alien who receives no earned income from sources within the United States.
Highly Compensated Active Employee means any Employee who performs service for an Employer during the Determination Year and who, during the Look-Back Year either: (i) received Compensation from an Employer in excess of $75,000 (indexed at the same time and in the same manner as the dollar limit in Section 415(d) of the Code is indexed); (ii) received Compensation from an Employer in excess of $50,000 (indexed at the same time and in the same manner as the dollar limit in Section 415(d) of the Code is indexed) and was a member of the "top-paid group" for such year; or (iii) was an officer of an Employer and received Compensation during such year greater than 50% of the dollar limitation in effect under Section 415(b)(1)(A) of the Code; provided, however, that if no officer received Compensation in excess of 50% of the dollar limit in effect under Section 415(b)(1)(A) of the Code, the highest paid officer for such year shall be treated as a Highly Compensated Employee. The term Highly Compensated Active Employee also includes: (i) an Employee who is both described in the preceding sentence if the term "Determination Year" is substituted for the term "Look-Back Year" and the Employee is one of the 100 Employees who received the most Compensation from an Employer during the Determination Year, and (ii) an Employee who is a 5% owner at any time during the Look-Back Year or Determination Year. An Employee shall be considered to be in the "top-paid group" for any Determination Year or Look-Back Year if the Employee is in the group consisting of the top 20% of Employees when ranked on the basis of Compensation paid during such year.
Highly Compensated Active Employee means any Employee who performs service for the Employer during the Determination Year and who, during the Look-Back Year:
Highly Compensated Active Employee. A "highly compensated active employee," for any Plan Year, is any Employee who performs service for the Employer or an Affiliated Company during the Plan Year, and who (a) was a 5-percent owner at any time during the Plan Year or the preceding Plan Year, or (b) for the preceding Plan Year, or, if elected in the Adoption Agreement, for the calendar year which begins with or within the preceding Plan Year, (1) had compensation from the Employer or such Affiliated Company in excess of $80,000 (as adjusted for cost-of-living increases under Section 414(q)(1) of the Code) and (2) if elected in the Adoption Agreement, was in the top-paid group. If any election referred to in clause (b) of the preceding sentence is made in the Adoption Agreement for any Plan Year of this Plan, such election shall also apply to any other plan of the Employer and the Affiliated Companies for the plan year of such other plan that starts in the same calendar year as such Plan Year of this Plan, except as otherwise provided in Internal Revenue Service Notice 97-45, or in any other regulation, ruling, notice or announcement issued by the Treasury Department or the Internal Revenue Service.