top-heavy

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top-heavy

(of a business enterprise) having too many executives
References in periodicals archive ?
In many councils throughout the North-east, front-line employees and community services are being sacrificed to retain the top heavy, top jobs.
The dollar is expected to remain top heavy for the time being,'' a Japanese bank official said.
Generally, a tax-qualified retirement plan is top heavy when the benefits of certain company executives (called "key employees" in the Internal Revenue Code) account for more than 60 percent of the plan's assets.
Although the author list is a bit top heavy with contributors from Great Britain (11 of the 21 contributors), the editors have tried to make it cosmopolitan with authors from Italy, the United States, Canada, Ireland, Australia, Sweden and Germany.
The bullet point that references the 5-percent company contribution requirement if the plan is top heavy is incorrect.
The rules adversely affected thousands of smaller plans that, according to the old definition, were top heavy if more than 60% of plan assets were held on behalf of key employees--a term that was defined broadly.
5% of compensation by reducing employee l's excess amount and, 515 since the plan is top heavy, provides a minimum allocation of 3 % of compensation for nonkey employees.