ABC Company sponsors aABC Company sponsors a qualified plan. Of their 205 employees, 200 are nonexcludable. Of the 200 nonexcludable employees, 160 are Non Highly Compensated (NHC) and 40 are Highly Compensated (HC). The plan covers 110 of the NHC and 15 of the HC. Which of the following statements are most accurate? 1. The plan does not meet the coverage requirements because only 69% of the NHC are covered by the plan. qualified plan. Of their 205 employees, 200 are nonexcludable. Of the 200 nonexcludable employees, 160 are Non Highly Compensated (NHC) and 40 are Highly Compensated (HC). The plan covers 110 of the NHC and 15 of the HC. Which of the following statements are most accurate