For purposes of several test calculations, employees are generally categorized into $2$ classifications highly compensated and nonhighly compensated. Which of the following are considered when determining whether an employee is highly compensated:

a$.$ A more than $5\%$ owner at any time during the plan year or preceding plan year.

b$.$ An employee was compensation in excess of $150,000$ for the prior plan year $(2023).$

c$.$ An officer of the company.

d$.$ Anyone related to someone classified as highly compensated, spouse, children, grandchildren, parents.

Answers:

Group of answer choices

A and b$.$

A$,$ b and c$.$

A$,$ b and d$.$

All of the above.