...requirements, if any, prescribed by the plan as a condition of participation, or "(B) such employees as qualify under a classification set up by the employer and...discriminatory in favor of employees who are officers, shareholders, or highly compensated. "(2) Exci.rsioN OF CERTAIN EMPU»YKKS. — For purposesof paragraph...

...provides that a trust will satisfy the coverage requirements if it benefits such employees as qualify under a classification set up by the employer and...discriminatory in favor of employees who are officers, shareholders, supervisors, or highly compensated. Section 1.401-1 (b)(3) of the Income Tax Regulations...

...benefits are payable to employees under a classification which is set forth in the plan and which is found by the Secretary or his delegate not to be discriminatory...shareholders, persons whose principal duties consist of supervising the work of other employees, or highly compensated employees, and (C) Such benefits...

...of the Code provides that contributions or benefits under a qualified plan must not discriminate in favor of employees who are officers, shareholders,...other employees, or highly compensated employees. Revenue Ruling 66-15, CB 1966-1, 83, holds that a profit-sharing plan for employees in whose favor...

...Section 401 (a) (4) of the Code requires that either benefits or contributions must not discriminate in favor of employees who are officers, shareholders,...other employees, or highly compensated employees. When two plans are considered as a unit, section 401 (a) (4) of the Code will be satisfied if the plan...

...customary employment is for not more than 5 months in any calendar year, or (B) such employees as qualify under a classification set up by the employer and...other employees, or highly compensated employees; a profit-sharing plan. [Emphasis added.) I61 Applying this regulation to petitioner's plan of deferred...

...customary employment is for not more than 5 months In any calendar year, or (B) Such employees as qualify under a classification set up by the employer and...whose principal duties consist in supervising the work ol other employees, or highly compensated employees; and (4) If the contributions or benefits...

...customary employment Is for not more than 5 months In any calendar year, or (B) Such employees as qualify under a classification set up by the employer and...shareholders, persons whose principal duties consist lii supervising the work of other employees, or highly compensated employees; and (4) If the contributions...

...applicability of section 410(bXl)(B). Under that provision the plan must benefit "such employees as qualify under a classification set up by the employer and...discriminatory in favor of employees who are officers, shareholders, or highly compensated." The determination of whether a plan discriminates in favor of...

...customary employment Is for not more than 5 months in any calendar year, or (B) such employees as qualify under a classification set up by the employer and...delegate not to be discriminatory in favor of employees wbo are officers, shareholders, persons whose principal duties consist In supervising the work of other...