Non-Highly Compensated Employee definition

Non-Highly Compensated Employee means an Employee who is not a Highly Compensated Employee.

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Non-Highly Compensated Employee means any Employee who is not a Highly Compensated Employee.

Non-Highly Compensated Employee means any employee who is not a Highly Compensated Employee.

Examples of Non-Highly Compensated Employee in a sentence

Similarly, a Participant is a Non-Highly Compensated Employee for a particular Plan Year if he or she does not meet the definition of a Highly Compensated Employee in effect for that Plan Year.
No dollar limit other than the limit imposed by Code Section 401(a)(17) applies to the Compensation of a Non-Highly Compensated Employee.
The Matching Contribution requirement will not be satisfied if, at any rate of Elective Deferrals, the rate of Matching Contributions that would apply with respect to any Highly Compensated Employee who is making Elective Deferrals under the Plan is greater than the rate of Matching Contributions that would apply with respect to any Non-Highly Compensated Employee who is making Elective Deferrals to the Plan and who has the same rate of Elective Deferrals.
The Employer may provide that Special Contributions be made only on behalf of each Eligible Employee who is a Non-Highly Compensated Employee on the last day of the Plan Year.
If such forfeited amounts exceed the amount of the Employer’s intended contribution, any such excess shall be allocated to the Matching Contribution Account of each Non-Highly Compensated Employee who made an Elective Deferral (including ▇▇▇▇ Elective Deferrals, if applicable) or an Voluntary After-tax Contribution, in the ratio that each such Employee’s Compensation bears to the total Compensation of all such Non-Highly Compensated Employees for that Plan Year.

Non-Highly Compensated Employee means an Employee of the Employer who is neither a Highly Compensated Employee nor a Family Member.

Non-Highly Compensated Employee means, for any Plan Year, an employee who is not a Highly Compensated Employee.

Non-Highly Compensated Employee means an Employee of the Employer who is not a Highly Compensated Employee.

Non-Highly Compensated Employee means an Employee other than a Highly Compensated Employee.

Non-Highly Compensated Employee means, with respect to a Plan Year, an Employee who is not a Highly Compensated Employee.

Non-Highly Compensated Employee means, with respect to any Plan Year, an Employee who is not a Highly Compensated Employee.

Non-Highly Compensated Employee means an Employee who is neither a Highly Compensated Employee nor a Family Member.