I just looked at the bylaws again. I think I made a mistake in my interpretation as I assumed the penalties defined in section 600 (outside competition) applied to violation of 215 (intercollegiate competition). That does not appear to be the case and instead the penalty is loss of eligibility in that particular sport for the rest of high school. I was overly optimistic that the penalty would only be two meets. I've copied the relevant section below:
215. INTERCOLLEGIATE PARTICIPATION
A student who participates in an intercollegiate athletic contest prior to the completion of his/her eight (8) consecutive
semesters of high school eligibility shall be ineligible for high school participation in that sport for the duration of the student’s high school enrollment. (See also Bylaws 600.G and 702. and corresponding Q&A’s.)
(Approved February 2003 Federated Council)
Now if no athletes competing at The TEN represent a college, Engelhardt will only be violating section 600 (two meet ban).