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CTP · Question #699
(Topic 7) If a company's pension plan offered its executives the right to contribute a greater percentage of their salary to the plan than the percentage offered to other employees, it would be at…
The correct answer is C. Highly compensated employees. See the full explanation below for the reasoning.
Question
- (Topic 7)
If a company’s pension plan offered its executives the right to contribute a greater percentage of their salary to the plan than the percentage offered to other employees, it would be at risk of violating the ERISA nondiscrimination rule related to what?
Options
- AExecutives' benefits
- BSalaried employees
- CHighly compensated employees
- DFiduciary standards
How the community answered
(45 responses)- A13% (6)
- B4% (2)
- C80% (36)
- D2% (1)
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