Top Heavy
ABC SAMPLE PLAN | D34730 |
Top Heavy Determination
A plan is top-heavy if the account balance of all Key Employees exceed 60% of the account balances of all employees. The determination date for top-heavy is typically the last day of the preceeding plan year.
20xx
The plan is Top Heavy Top Heavy Ratio=78.0000% |
Required Action | Top Heavy Report for xx/xx/20xx |