Thanks for reaching out to the Community, hemakumari-itsno.
Concerning the paycheck or 401(K) comp, if it will base on HCE for one employer or both, I highly suggest contacting the IRS so that they can provide more details about handling this kind of concern.
Here are some resources you can check for additional information about 401(k):
If you have other QuickBooks concerns, you can post them anytime here. The Community is here to help.