Guest Jhagan Posted May 28, 1999 Posted May 28, 1999 What is the total QNEC required for the NHCE in order for the plan to pass the ADP? -None of the NCE are related -The plan year is 1996 calendar year -No other matching or nonelective contributions -All HCE are elgiible for QNEC -Gross compensation is used for testing EE, Gross comp, elective deferral HCE1, 150,000, 9,000 HCE2, 100,000, 8,500 NHCE1, 50,000, 2,500 NHCE2, 50,000, 2,500 NHCE3, 25,000, 625 Anwser is 862.50. Can't get there.
Dan Posted May 28, 1999 Posted May 28, 1999 I calculated 812.50. I do not know how they arrived at that answer. I think that answer is wrong.
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