top-heavy

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Related to Top Heavy Plan: Qualified Plans

top-heav·y

(tŏp′hĕv′ē)
adj. top-heav·i·er, top-heav·i·est
1. Likely to topple because of an uneven distribution of weight, with the majority being at the top.
2. Accounting Overcapitalized.
3. Having a disproportionately large number of administrators.

top′-heav′i·ness n.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

top-heavy

adj
1. unstable or unbalanced through being overloaded at the top
2. (Banking & Finance) finance (of an enterprise or its capital structure) characterized by or containing too much debt capital in relation to revenue or profit so that too little is left over for dividend distributions; overcapitalized
3. (Commerce) (of a business enterprise) having too many executives
ˌtop-ˈheavily adv
ˌtop-ˈheaviness n
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014

top′-heav′y



adj.
1. having the top disproportionately heavy or large.
2. (of an organization) having a disproportionately large number of people in the upper ranks.
3. (of a company) having a financial structure overburdened with dividend-paying securities; overcapitalized.
[1525–35]
top′-heav`ily, adv.
top′-heav`iness, n.
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Adj.1.top-heavy - unstable by being overloaded at the toptop-heavy - unstable by being overloaded at the top
unstable - lacking stability or fixity or firmness; "unstable political conditions"; "the tower proved to be unstable in the high wind"; "an unstable world economy"
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
Translations

top-heavy

[ˌtɒpˈhevɪ] ADJ (lit) → demasiado pesado en la parte superior (fig) the army was top-heavy with officersel ejército tenía demasiados oficiales
Collins Spanish Dictionary - Complete and Unabridged 8th Edition 2005 © William Collins Sons & Co. Ltd. 1971, 1988 © HarperCollins Publishers 1992, 1993, 1996, 1997, 2000, 2003, 2005

top-heavy

[ˌtɒpˈhɛvɪ] adj (structure) → con la parte superiore troppo pesante
this company is top-heavy (fig) → ci sono troppi dirigenti in questa società
Collins Italian Dictionary 1st Edition © HarperCollins Publishers 1995

top1

(top) noun
1. the highest part of anything. the top of the hill; the top of her head; The book is on the top shelf.
2. the position of the cleverest in a class etc. He's at the top of the class.
3. the upper surface. the table-top.
4. a lid. I've lost the top to this jar; a bottle-top.
5. a (woman's) garment for the upper half of the body; a blouse, sweater etc. I bought a new skirt and top.
adjective
having gained the most marks, points etc, eg in a school class. He's top (of the class) again.
verbpast tense, past participle topped
1. to cover on the top. She topped the cake with cream.
2. to rise above; to surpass. Our exports have topped $100,000.
3. to remove the top of.
ˈtopless adjective
1. having no top.
2. very high.
ˈtopping noun
something that forms a covering on top of something, especially food. a tart with a topping of cream.
top hat (ˈtopə) abbreviation ( topper )
a man's tall hat, worn as formal dress.
ˌtop-ˈheavy adjective
having the upper part too heavy for the lower. That pile of books is top-heavy – it'll fall over!
ˌtop-ˈsecret adjective
very secret.
at the top of one's voice
very loudly. They were shouting at the top(s) of their voices.
be/feel etc on top of the world
to feel very well and happy. She's on top of the world – she's just got engaged to be married.
from top to bottom
completely. They've painted the house from top to bottom.
the top of the ladder/tree
the highest point in one's profession.
top up
to fill (a cup etc that has been partly emptied) to the top. Let me top up your glass/drink.
Kernerman English Multilingual Dictionary © 2006-2013 K Dictionaries Ltd.
References in periodicals archive ?
Most of the plans available to small businesses--simplified employee pensions (SEPs), salary reduction simplified employee pensions, SIMPLE IRA plans, SIMPLE 401(k) plans, regular 401(k)s, profit-sharing plans, money purchase pension plan, Keogh plans, defined benefit plans, defined contribution plans, and employee stock ownership plans--are subject to the minimum coverage requirements, minimum vesting standards, the actual deferral percentage test, the non-discrimination requirements, and the top heavy plan requirements.
In the simplest case, where an employer maintains only one qualified plan, that plan is a top heavy plan with respect to a plan year if the present value of the cumulative accrued benefits under the plan (or the aggregate account balances if the plan is a defined contribution plan) for key employees (see Q 360) exceeds 60% of the present value of the cumulative accrued benefits under the plan (or the aggregate account balances) for all employees.
If the lowly compensated are deferring more to a 401(k) plan, then the highly compensated are permitted to defer more as well (as per top heavy plan rules).