Consider the Following Plans That Are Sponsored by Four Unrelated

Multiple Choice

Consider the following plans that are sponsored by four unrelated companies: Non-excludable employees Benefiting employees HCE NHCE NCE NHCEPlan I 5 100 1 40 Plan II 10 50 10 0 Plan III 5 95 5 35 Plan IV 50 100 0 40 How many of these plans satisfy the participation requirement of IRC section 401(a) (26) ?

A) 0
B) 1
C) 2
D) 3
E) 4