Guest elang Posted February 26, 2010 Posted February 26, 2010 I am testing a 2009 plan for ADP. One employee had 2008 comp of $105,700 and I have (and feel correct in doing so) considered him an HCE for 2009. Doing so, the test fails. If I use the 2009 compensation limit threshold of $110K, ADP test would pass. Is there any support for doing so or am I correct in my original thought process? Thanks.
david rigby Posted February 26, 2010 Posted February 26, 2010 Assuming I've read my own chart correctly, an EE with 2008 comp > 105K will be an HCE in 2009. I'm a retirement actuary. Nothing about my comments is intended or should be construed as investment, tax, legal or accounting advice. Occasionally, but not all the time, it might be reasonable to interpret my comments as actuarial or consulting advice.
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