Highly Compensated Employee definition

Highly Compensated Employee means an Employee who:

Highly Compensated Employee means any Employee who:

Highly Compensated Employee means an Employee described in Code Section 414(q) and the Regulations thereunder, and generally means an Employee who performed services for the Employer during the "determination year" and is in one or more of the following groups:

Examples of Highly Compensated Employee in a sentence

• The remainder of any such distribution will come from amounts attributable to the Roth Deferral Contributions the Highly Compensated Employee made during the applicable Plan Year.

• If a Highly Compensated Employee participates in two or more cash or deferred arrangements that have different plan years, all cash or deferred arrangements ending with or within the same calendar year shall be treated as a single arrangement.

• Your Employer may be required to make a flat percentage Nonelective contribution to you if you are not a Highly Compensated Employee due to non-discrimination testing.

• The determination of who is a Highly Compensated Employee will be made in accordance with Code Section 414(q) and the regulations thereunder.

• The Plan Year for which an Employee’s status as a Highly Compensated Employee is being determined.

More Definitions of Highly Compensated Employee

Highly Compensated Employee means an Employee who, during the Plan Year or during the preceding 12-month period:

Highly Compensated Employee means an Employee described in Code Section 414(q) and the Regulations thereunder, and generally means any Employee who:

Highly Compensated Employee means:

Highly Compensated Employee also includes any former Employee who separated from Service (or has a deemed Separation from Service, as determined under Treasury regulations) prior to the Plan Year, performs no Service for the Employer during the Plan Year, and was a Highly Compensated Employee either for the separation year or any Plan Year ending on or after his 55th birthday. If the former Employee's Separation from Service occurred prior to January 1, 1987, he is a Highly Compensated Employee only if he satisfied clause (a) of this Section 1.09 or received Compensation in excess of $50,000 during: (1) the year of his Separation from Service (or the prior year); or (2) any year ending after his 54th birthday.

Highly Compensated Employee means an Eligible Employee who satisfies the definition in Section 1.09 of the Plan. Family members aggregated as a single Employee under Section 1.09 constitute a single Highly Compensated Employee, whether a particular family member is a Highly Compensated Employee or a Nonhighly Compensated Employee without the application of family aggregation.

Highly Compensated Employee means an Employee who, for a particular Plan Year, satisfies one of the following conditions:

Highly Compensated Employee means an Employee or former Employee who is a highly compensated active employee or highly compensated former employee as defined hereunder.