$In$ Progress $4$ Hours $10$ Minutes $3\mathrm{.}4$

Select the best answer.

A highly compensated employee, when defining a self$-$insured medical expense reimbursement plan, $is$:

$A.$ A shareholder who owns more than $10\%of$ the value $of$ the stock $of$ the employer.

$B.$ A shareholder who owns more than $2\%of$ the value $of$ the stock $of$ the employer.

$C.An$ officer.

$D.$ One $of$ the $10$ highest$-$paid officers.