I know that if the bullet won't maintain its seating depth or if the bullet tip is damaged during seating due to the force required to seat it to depth, that in my mind one has reached the point of overcompressed. Yes, bullets can spring forward some if there's not enough neck tension to keep them in place. How much is too much? If compaction causes inconsistent burn rates, reflected in higher ES/SD, or poor accuracy, then I suppose that could be considered too much. Other than these factors, I know of no written standard for too much powder compaction. I know some reloaders frown on overly compacted powder charges and will switch to a slightly faster powder to avoid heavily compacted powder charges.
Are you using a magnum primer or a standard primer? If you're using a standard primer, you might try a magnum. In my rifle the difference between a CCI 250 and a Federal 210 amounted to ~40-50 fps with the same powder charge. In other words, if you're lacking space for powder, a magnum primer can boost pressure and velocity over a standard primer. I ended up going with the Federal 210M with lower MV because they provided lower/better ES/SDs than the CCI 250s.
Here's some Retumbo versus MV data from my rifle. Add 8 fps for actual MVs. These were the chrono'd values at the location of the skyscreens
Retumbo - MV with CCI 250
73.0 . . . . 3061
73.5 . . . . 3069
74.0 . . . . 3086
74.5 . . . . 3105
75.0 . . . . 3119
75.5 . . . . 3134
76.0 . . . . 3152