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/