Guest DeePA Posted May 9, 2003 Posted May 9, 2003 If a participant was coded as Key years ago only due to stock attribution (>5% owner attribution) and the ownership changed, is that key person (who was only key due to attribution) now a Former Key for top heavy testing. thanks
g8r Posted May 13, 2003 Posted May 13, 2003 Yes, that person is now a non-key employee and is disregarded in determining whether the plan is top-heavy.
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