NHCE definition

NHCE or "Non-Highly Compensated Employee". An Employee described as a Non-Highly Compensated Employee in Section 12.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

NHCE or "Non-Highly Compensated Employee". An Employee who is not an HCE.

NHCE means an Employee who is not an HCE.

Examples of NHCE in a sentence

The HCE Group Average Percentage may not exceed 1.25 times the NHCE Group Average Percentage.
For Plans with nine (9) to eleven (11) eligible NHCEs, the allowable number of NHCE allocation rates cannot exceed three (3).
The allowable number of NHCE allocation rates depends on the number of eligible NHCEs, limited to twenty-five (25).
For Plans with twenty (20) to twenty-nine (29) eligible NHCEs, the allowable number of NHCE allocation rates cannot exceed five (5).
For Plans with thirty (30) or more eligible NHCEs, the allowable number of NHCE allocation rates cannot exceed the number of eligible NHCEs divided by five (5) (rounded down to the next whole number if the result of dividing is not a whole number), but shall not exceed twenty-five (25).
For Plans with twelve (12) to nineteen (19) eligible NHCEs, the allowable number of NHCE allocation rates cannot exceed four (4).
For Plans with three (3) to eight (8) eligible NHCEs, the allowable number of NHCE allocation rates cannot exceed two (2).
NHCE means a nonhighly compensated employee, which is any Employee who is not an HCE.
Is limited to NHCE Participants only and may be limited further under Election 24(g).
Under a Safe Harbor Matching Contribution an HCE may not receive a greater rate of match at any level of Elective Deferrals than any NHCE.

NHCE. The term NHCE means a Non-Highly Compensated Employee.

NHCE means an Eligible Employee who is not an HCE.

NHCE. As defined in Section 14.1(b)(i).

NHCE means a Worker who is not an HCE.