Common use of ACP Test Safe Harbor Clause in Contracts

ACP Test Safe Harbor. (Choose (1), (2) or (3)): (1) [ ] Not applicable. The Plan does not permit Matching Contributions or Employee Contributions. (2) [X] ACP test applies. (Choose a. or b.): a. [ ] Current year testing method. b. [X] Prior year testing method. (3) [ ] Safe Harbor. The Plan does not apply the ACP test.

Appears in 2 contracts

Samples: Adoption Agreement, Adoption Agreement

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ACP Test Safe Harbor. (Choose (1), (2) or (3)): (1) [ ] Not applicable. The Plan does not permit Matching Contributions or Employee Contributions. (2) [X] ACP test applies. (Choose a. or b.): a. [ [X] Current year testing method. b. [X[ ] Prior year testing method. (3) [ ] Safe Harbor. The Plan does not apply the ACP test.

Appears in 2 contracts

Samples: Adoption Agreement, Adoption Agreement

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ACP Test Safe Harbor. (Choose (1), (2) or (3)): (1) [ ] Not applicable. The Plan does not permit Matching Contributions or Employee Contributions. (2) [X[ ] ACP test applies. (Choose a. or b.): a. [ ] Current year testing method. b. [X[ ] Prior year testing method. (3) [ ] Safe Harbor. The Plan does not apply the ACP test.

Appears in 1 contract

Samples: Adoption Agreement

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