ACP Test Safe Harbor. The Employer maintaining a 401(k) Plan may elect in the Adoption Agreement to make additional Matching Contributions in addition to the Safe Harbor Matching Contributions made to the Plan. These additional Matching Contributions will be subject to the ACP Test Safe Harbor requirements instead of testing the contributions under paragraph 11.4. The ACP Test Safe Harbor will be satisfied if the following conditions are met:
ACP Test Safe Harbor. (Choose (1), (2) or (3)):
ACP Test Safe Harbor. The ACP Test Safe Harbor Requirements are met if:
ACP Test Safe Harbor. The Employer in its Adoption Agreement will elect whether (i) to apply the amount limitations under this Section 3.05(G) in order to comply with the ACP test safe harbor as described in this Section 3.05(G); or (ii) the Plan Administrator must test all Matching Contributions unless the Plan's only Matching Contribution is a Basic Matching Contribution. If the Employer elects to test, the Employer will elect whether to perform the ACP test using Current Year or Prior Year Testing. Prior to the Final 401(k) Regulations Effective Date, the Employer was limited to Current Year Testing under Notice 98-52.
ACP Test Safe Harbor. Unless otherwise selected below, if this Plan uses the ADP Test Safe Harbor provisions, then the provisions of Amendment Section 9.2(a) apply and all matching contributions under the Plan will be applied without regard to any allocation conditions except as provided in that Section.
ACP Test Safe Harbor. The following limitations apply to each Matching Contribution formula under the Plan in a Plan Year in which the Plan is a Safe Harbor 403(b) Plan:
ACP Test Safe Harbor. The Employer in its Adoption Agreement will elect whether (i) to apply the amount limitations under this Section 3.05(G) in order to comply with the ACP test safe harbor as described in this Section 3.05(G); or (ii) the Plan Administrator must test all Matching Contributions under the ACP test unless the Plan's only Matching Contribution is a Basic Matching Contribution or a QACA Basic Matching Contribution. If the Employer elects to test, the Employer also will elect whether to perform the ACP test using Current Year or Prior Year Testing.
ACP Test Safe Harbor. The Employer maintaining a 401(k) Plan may elect in the Adoption Agreement to make additional Matching Contributions in addition to the Safe Harbor Matching Contributions made to the Plan. These additional Matching Contributions may be subject to the ACP Test Safe Harbor requirements instead of testing the contributions under paragraph 11.2. If the Employer elects using the current year testing method to test the additional Matching Contributions for nondiscrimination as set forth in paragraph 11.2, the ACP Test Safe Harbor will be satisfied if the following conditions are met: .(a) no Matching Contribution may be made with respect to a Participant’s Elective Deferrals and/or Voluntary After-tax Contributions which exceed 6% of Compensation; .(b) the amount of any discretionary Matching Contribution made after the 1999 Plan Year may not exceed 4% of the Participant’s Compensation; .(c) the rate of Matching Contributions made to the Plan may not increase as the rate of Elective Deferrals increase; .(d) no Highly Compensated Employee may receive a greater rate of match than a Non-Highly Compensated Employee; and .(e) the Employer must elect in the Adoption Agreement the vesting schedule distribution restrictions and eligibility to receive an allocation of these additional Matching Contributions.
ACP Test Safe Harbor. (a) ACP Test Safe Harbor Matching Contributions
