Bubbles LLC is a web design company that operates out of Boulder, Colorado. Jesse and Skyler started Bubbles twenty years ago and it has grown to be one of the more sizable web development firms in Colorado. Bubbles offers a 401(k )/profit sharing plan with a Roth account option. The plan has the following characteristics: - Eligibility; age 21 and one-year of service - Match: dollar for dollar match - Vesting: 20% per year (years 1 through 5 ) - Highly compensated definition uses top 20% election - Profit-sharing contribution: Bubbles generally makes a sizeable contribution, but the percentage varies. - The plan has been amended to permit in-plan Roth rollovers. - The plan permits rollovers from other qualified plans and IRAs. Note: Lydia is Skyler's daughter. She graduated from the art institute five years ago Please answer the following questions: 1. Who is not eligible for the 401(k) plan? 2. Who is highly compensated? Bubbles LLC is a web design company that operates out of Boulder, Colorado. Jesse and Skyler started Bubbles twenty years ago and it has grown to be one of the more sizable web development firms in Colorado. Bubbles offers a 401(k )/profit sharing plan with a Roth account option. The plan has the following characteristics: - Eligibility; age 21 and one-year of service - Match: dollar for dollar match - Vesting: 20% per year (years 1 through 5 ) - Highly compensated definition uses top 20% election - Profit-sharing contribution: Bubbles generally makes a sizeable contribution, but the percentage varies. - The plan has been amended to permit in-plan Roth rollovers. - The plan permits rollovers from other qualified plans and IRAs. Note: Lydia is Skyler's daughter. She graduated from the art institute five years ago Please answer the following questions: 1. Who is not eligible for the 401(k) plan? 2. Who is highly compensated