highly compensated participant
Defined in 1 place of the United States Code.
The term “highly compensated participant” means a participant who is—
(A) an officer,
(B) a shareholder owning more than 5 percent of the voting power or value of all classes of stock of the employer,
(C) highly compensated, or
(D) a spouse or dependent (within the meaning of section 152, determined without regard to subsections (b)(1), (b)(2), and (d)(1)(B) thereof) of an individual described in subparagraph (A), (B), or (C).
Source
- 2005–present26 U.S.C. § 125Internal Revenue Code · Cafeteria plans · for purposes of this section
The term “highly compensated participant” means a participant who is—
(A) an officer,
(B) a shareholder owning more than 5 percent of the voting power or value of all classes of stock of the employer,
(C) highly compensated, or
(D) a spouse or dependent (within the meaning of section 152) of an individual described in subparagraph (A), (B), or (C).
Source
- 1994–200526 U.S.C. § 125Internal Revenue Code · Cafeteria plans · for purposes of this section