abanky Posted February 26, 2003 Posted February 26, 2003 if i have two HCE and I want to discriminate against one of them, what is the lowest allocation % i can give them, 5% or 3%. Thanks
Archimage Posted February 26, 2003 Posted February 26, 2003 Neither, you can give one of them 0% if you want. You can discriminate all you want against HCEs. ERISA only cares if you discriminate against NHCEs.
Blinky the 3-eyed Fish Posted February 26, 2003 Posted February 26, 2003 If the plan is top heavy and the HCE's are not key employees, they still need to get 3%. "What's in the big salad?" "Big lettuce, big carrots, tomatoes like volleyballs."
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