Common use of Highly Compensated Clause in Contracts

Highly Compensated. Any Employee who at any time during the Plan Year is a "highly compensated employee" as defined in Section 414(q) of the Code.

Appears in 6 contracts

Sources: Section 125 Flexible Benefit Plan Adoption Agreement, Section 125 Flexible Benefit Plan, Section 125 Flexible Benefit Plan

Highly Compensated. Any Employee who at any time during the Plan Year or preceding Employee Plan Year is a "β€œhighly compensated employee" ” as defined in Section 414(q) of the Code.

Appears in 1 contract

Sources: Section 125 Flexible Benefit Plan Adoption Agreement