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Company XYZ ' s 4 0 1 ( k ) highly compensated employees defer 8 % of their salary and the non - highly compensated

Company XYZ

'

401 (

)

highly compensated employees defer

8 %

of their salary and the non

-

highly compensated employees defer

5 % .

Does this plan pass the ADP test? What are the major ways this can be corrected?

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