a. As the plan is not a safe harbor plan, the general rule is met as the
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Question:
a. As the plan is not a safe harbor plan, the general rule is met as the highest allocation rate for any HCE is greater than the lowest allocation rate for any NHCE. True False. Regardless of your answer in (a), assume the plan must be restructured into rate groups. There will be 2 rate groups - all participants with an allocation rate of just 4% and all participants with an allocation rate of just 5%. True False
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