The average contributions of highly ..... employees cannot exceed the average contributions of other employees by more than about 2 percent; if the HCEs exceed this threshold, the 401k plan could lose its tax-qualified status and all contributions and earnings would have to be distributed to all plan participants.

The average contributions of highly ..... employees cannot exceed the average contributions of other employees by more than about 2 percent; if the HCEs exceed this threshold, the 401k plan could lose its tax-qualified status and all contributions and earnings would have to be distributed to all plan participants. (*) coddled (*) compensated (*) competent (*) considered


This is a companion discussion topic for the original entry at https://english.best/questions/10703,the-average-contributions-of-highly-___-employees-cannot-exceed-the-average-contributions-of-other-employees-by-more-than-about-2-percent-if-the-hces-exceed-this-threshold-the-401k-plan-could-lose-its-tax-qualified-status-and-all-contributions-and-earnings-would-have-to-be-distributed-to-all-plan-participants/