Guest MAWalsh Posted March 15, 2002 Posted March 15, 2002 I have an employee who owns 4.22% of the stock in the company. Another 3.46% of the stock is in trust for him. Is he an HCE for ADP testing purposes? If stock is held in a trust, does it count for ADP testing purposes? This company (a family-owned business) changed its ownership percentages last year and put most of the stock in separate trusts.
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