401 K. The Employer will offer a 401 (k) plan funded by the employees for the employees who meet the Plan eligibility requirements. The employer may make a discretionary matching contribution equal to a uniform percentage of the employee’s salary deferrals.
401 K. 1. Employees will be eligible to participate in The TJX Companies, Inc. General Savings/Profit Sharing Plan (also known as the TJX 401(k) Plan) in accordance with and subject to plan terms as in effect from time to time. For the avoidance of doubt, Employees of Arizona Merchants, Inc. who participate in this plan are currently eligible to receive a matching contribution of 75% of eligible pay deferred under this plan. More information can be found in the summary description plan.
401 K. Effective January 1, 2019, the Employer will offer the same 401(k) plan benefit for all eligible bargaining-unit employees, as it does for non-bargaining unit employees.
401 K. Section 1. The Employer will provide a 401(k) Plan and match employee's contribution of $.50 on $1.00, up to 6 . The Employer reserves the right to change the terms and conditions of this plan at any time.
401 K. 23. 1 The Company shall offer a 401 (k) Plan, with no employer contribution, for all eligible employees upon completion of one (1 ) year continuous service of at least 1 560 paid hours per benefit year covered by this Agreement who have completed twelve (1 2) months of full-time employment. Any contribution currently provided shall not be reduced. The Company shall provide an annual notice to the employees.
401 K. Each Actor shall have the option to contribute to the Equity-League 401 k Plan. The Producer agrees to make salary deferrals, as directed by the Actor, and remit same to the Plan. No contributions shall be required of the Producer. The Producer further agrees to be bound by the Agreement and Declaration of Trust establishing the Equity-League 401 k Plan, including all its rules and regulations and any and all amendments and modifications thereto that may be adopted by its Trustees during the term of this Agreement.
401 K. The 401 (k) plan, established July 1, 1985, provides employees the opportunity to save for retirement in a tax efficient manner. The plan allows each participant to determine the type and mix of his or her investments in the Plan from those offered as determined by the Defined Contribution Plans Trustee Board. The provisions of the plan, including eligibility and maximum contributions, are stated in the separate 401 (k) Plan Document. The parties agree that the Supplemental Pension Savings Plans currently offered to all eligible employees will be amended to comply with the provisions of the Economic Growth Tax Relief and Reconciliation Act (EGTRRA) that became effective January 21, 2002 and other administrative changes presented during the FY 2003 Meet and Confer process.
401 K. The employer will establish and maintain an ERISA protected 401 K retirement plan through the voluntary participation of employees. Employees will contribute to the plan on a voluntary basis in amounts allowable under the law. The employer will contribute matching funds to the employee’s 401 K contribution at a rate of 50% up to a maximum of 1 ½ % of the employee’s annual salary. Effective June 1, 2009, the employer will contribute matching funds to the employee’s 401 K contribution at a rate of 50% up to a maximum of the following: 0-5 years – 1.5% of the employee’s annual salary More than 5 years but less than 10 years – 1.75% of the employee’s annual salary 10 or more years – 2% of the employee’s annual salary Employees will be vested in the employer’s contribution after 5 years of service (Bergen Pines time applies). New employees must complete 1 year of service (Bergen Pines time applies) with the employer prior to participating in the plan. The employer will bear all administrative expenses associated with the plan. The employer will inform the union when selecting the specific investment options available to employees.
401 K. Eligible for participation after 90 days of employment.
401 K. The Company confirms that the current policy of the Company is that, in the case of balances of greater than $5,000, a terminated employee may leave his or her profit sharing and deferral account balances in the Company’s plan indefinitely, or roll over such balances into a substitute qualified plan.
