Can someone explain like I'm a 5 year old what it means that the company I work for failed 401k nondiscrimination testing

I got back an email that we will be receiving our contributions back and taxed on them.

What does this mean? Did I have zero 401k contributions this year?

Submitted December 27, 2021 at 03:13PM by awakeningat40 https://ift.tt/3sDhEys