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Question 7 Balloon Palace is an employer of 200 employees. These employees are all nonexcludable...

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Question 7 Balloon Palace is an employer of 200 employees. These employees are all nonexcludable and 20 are highly comentado compensated, 18 are covered under Balloon Palace's qualified plan of the non-highly compensated employees, 120 store qualified plan. The average accrued benefits for the highly compensated is 5% and the average accrued benefits for the month compensated is 2%. Which of the following tests does the plan pass? Neither the ratio percentage or average benefits tests Both the ratio percentage and average benefits tests Average benefits test Ratio percentage test MacBook Air Question 7 Balloon Palace is an employer of 200 employees. These employees are all nonexcludable and 20 are highly comentado compensated, 18 are covered under Balloon Palace's qualified plan of the non-highly compensated employees, 120 store qualified plan. The average accrued benefits for the highly compensated is 5% and the average accrued benefits for the month compensated is 2%. Which of the following tests does the plan pass? Neither the ratio percentage or average benefits tests Both the ratio percentage and average benefits tests Average benefits test Ratio percentage test MacBook Air

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