Accounting for Excess Contributions. Excess Contributions shall be distributed first from the Participant's account balance attributable to Elective Deferrals and (to the extent used in the Average Actual Deferral Percentage tests) Qualified Matching Contributions in proportion to the Participant's Elective Deferrals and Qualified Matching Contributions for the Plan Year. Excess Contributions shall be distributed from the Participant's Qualified Nonelective Contribution Account only to the extent that such Excess Contributions exceed the Participant's account balance attributable to Elective Deferrals and Qualified Matching Contributions.
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Samples: Adoption Agreement (Dreyfus Lifetime Portfolios Inc), Adoption Agreement (Dreyfus Growth & Income Fund Inc /New/), Adoption Agreement (Dreyfus Worldwide Dollar Money Market Fund Inc)
Accounting for Excess Contributions. Excess Contributions Amounts distributed under this Section 3.4.2(D) shall first be distributed first from the Participant's account balance attributable to Elective Deferrals Account and (to the extent used in the Average Actual Deferral Percentage tests) Qualified Matching Contributions Account in proportion to the Participant's Elective Deferrals and Qualified Matching Contributions (to the extent used in the ADP Test) for the Plan Year. Excess Contributions shall be distributed from the Participant's Qualified Nonelective Contribution Contributions Account only to the extent that such Excess Contributions exceed the balance in the Participant's account balance attributable to Elective Deferrals Account and Qualified Matching ContributionsContributions Account.
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Samples: 401(k) Plan Adoption Agreement (Sterling Financial Corp /Wa/), Prototype Defined Contribution Plan Adoption Agreement (Media 100 Inc), 401(k) Plan Adoption Agreement (Pennfed Financial Services Inc)
Accounting for Excess Contributions. Excess Contributions Contributions" shall be distributed first from the Participant's Elective Deferral account balance attributable to Elective Deferrals and (to the extent used in the Average Actual Deferral Percentage tests) Qualified Matching Contributions Contribution account (if applicable) in proportion to the Participant's Elective Deferrals and Qualified Matching Contributions (to the extent used in the ADP test) for the Plan Year. "Excess Contributions Contributions" shall be distributed from the Participant's Qualified Nonelective Contribution Account account only to the extent that such "Excess Contributions Contributions" exceed the balance in the Participant's Elective Deferral account balance attributable to Elective Deferrals and Qualified Matching ContributionsContribution account.
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Samples: Defined Contribution Plan and Trust Agreement (Trust for Federal Securities)
Accounting for Excess Contributions. Excess Contributions Amounts distributed under this Section 3.4.2(D) shall first be distributed first from the Participant's account balance attributable to Elective Deferrals Account and (to the extent used in the Average Actual Deferral Percentage tests) Qualified Matching Contributions Account in proportion to the Participant's Elective Deferrals and Qualified Matching Contributions (to the extent used in the ADP Test) for the Plan Year. Excess Contributions shall be distributed from the Participant's Qualified Nonelective Contribution Nonelection Contributions Account only to the extent that such Excess Contributions exceed the balance in the Participant's account balance attributable to Elective Deferrals Account and Qualified Matching ContributionsContributions Account.
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