ADP limits

Has anyone heard of a limitation on deferrals where once a participant hit the annual compensation limit and they wanted to contribute the maximum deferral amount for that year - the deferrals would have to be contributed by the time the person hit their maximum compensation figure?

Example:

12/31/02 plan year end

Participant's compensation in June was at $200,000.00

Defers $1,000 per month - in June total deferrals were $6,000.00

Is this participant limited to a total of $6,000.00 because they hit the annual comp. limit in June?

Thanks for any input.

I don't know how to set up a link, but there was a thread on this very topic not too long ago. It is titled "401(a)(17) and calculation of match" and the last post to it was 7/30/03

Have the person who suggested the concept cite code and regs where that is true.

They can't.

Thank you very much!