Understanding Nondiscrimination Test Results
As a result of a nondiscrimination test, the system updates employee data for the current and previous year tests using these codes:
|
N |
Indicates that an employee is not eligible for the plan. |
|
E |
Indicates a highly compensated employee who is not a 5 percent owner. |
|
H |
Indicates a highly compensated employee (who may be a 5 percent owner). |
The Savings Plan election page displays the Highly Compensated check box for the current year only. The previous year's highly compensated flag is not available online.
Important! PeopleSoft software provides these nondiscrimination tests for your use as a template, not to use for actual reporting.