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.