Non-Highly Compensated Participant definition

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

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

Non-Highly Compensated Participant means, for Plan Years beginning after December 31, 1996, any Participant who is not a Highly Compensated Employee. However, for purposes of Section 4.5(a) and Section 4.6, if the prior year testing method is used, a Non-Highly Compensated Participant shall be determined using the definition of Highly Compensated Employee in effect for the preceding Plan Year.

Examples of Non-Highly Compensated Participant in a sentence

For the purposes of this section, a Highly Compensated Participant and a Non-Highly Compensated Participant shall include any Employee eligible to make a deferral election pursuant to this section, whether or not such deferral election was made or suspended pursuant to this Plan.
Such contribution shall be allocated to the Participant's Elective Account of each Non-Highly Compensated Participant in the same proportion that each Non-Highly Compensated Participant's Compensation for the year bears to the total Compensation of all Non-Highly Compensated Participants.
Such contribution shall be allocated for the year (or at the end of the prior Plan Year if the prior year testing method is used) to each Non-Highly Compensated Participant electing salary reductions pursuant to Section 4.2 in equal amounts (per capita).
For the purposes of this Plan, a Highly Compensated Participant and a Non-Highly Compensated Participant shall include any Employee eligible to make a deferral election pursuant to this Plan, whether or not such deferral election was made or suspended pursuant to this Plan.
However, if the prior year testing method is used, the special Qualified Non-Elective Contribution shall be allocated in the prior Plan Year to the Participant's Account on behalf of each Non-Highly Compensated Participant who was employed by the Employer on the last day of the prior Plan Year in the same proportion that each such Non-Highly Compensated Participant's Compensation for the prior Plan Year bears to the total Compensation of all such Non-Highly Compensated Participants for the prior Plan Year.

More Definitions of Non-Highly Compensated Participant

Non-Highly Compensated Participant means any Participant who is not a Highly Compensated Employee. However, for the Plan Year prior to the first Plan Year of this amendment and restatement, for the purposes of Section 4.5(a) and Section 4.6, if the prior year testing method is used, a Non-Highly Compensated Participant shall be determined using the definition of highly compensated employee in effect for the preceding Plan Year.

Non-Highly Compensated Participant means any Participant or Former Participant who is neither a Highly Compensated Participant nor a Family Member.

Non-Highly Compensated Participant means any Participant who is not a Highly Compensated Employee. However, if pursuant to Sections 12.4 or 12.6 the prior year testing method is used to calculate the ADP or the ACP, a Non-Highly Compensated Participant shall be determined using the definition of Highly Compensated Employee in effect for the preceding Plan Year.

Non-Highly Compensated Participant means a Non-Highly Compensated Employee who was, at any time during the Plan Year in question, eligible to participate in the Plan.

Non-Highly Compensated Participant means an active Participant who is not a Highly Compensated Participant.

Non-Highly Compensated Participant means, for Plan Years beginning after December 31, 1996, any Participant who is not a Highly Compensated Employee.

Non-Highly Compensated Participant means any Participant who is not a Highly Compensated Participant and who is an “eligible employee” within the meaning of Code Section 401(k) or 401(m), as the case may be.