Average Contribution Percentage

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Definition: Average Contribution Percentage

Average Contribution Percentage
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Full Definition of Average Contribution Percentage

A test applied to retirement plan contributions in order to prevent the plan from discriminating against non-highly compensated employees.

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Page URL
https://payrollheaven.com/define/average-contribution-percentage/
Modern Language Association (MLA):
Average Contribution Percentage. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 19, 2024 https://payrollheaven.com/define/average-contribution-percentage/.
Chicago Manual of Style (CMS):
Average Contribution Percentage. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/average-contribution-percentage/ (accessed: April 19, 2024).
American Psychological Association (APA):
Average Contribution Percentage. PayrollHeaven.com. Retrieved April 19, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/average-contribution-percentage/

Definition Sources

Definitions for Average Contribution Percentage are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 20th November, 2021 | 0 Views.