ACP test. The Average Contribution Percentage for Eligible Participants who are Highly Compensated Employees for the Plan Year and the Average Contributions Percentage for Eligible Participants who are Nonhighly Compensated Employees for the same Plan Year must satisfy one of the following tests:
Appears in 8 contracts
Samples: Adoption Agreement (Sterling Financial Corp /Wa/), Adoption Agreement (Pennfed Financial Services Inc), Adoption Agreement (Labor Ready Inc)
ACP test. The Average Contribution Percentage for Eligible Participants who are Highly Compensated Employees for the Plan Year and the Average Contributions Percentage for Eligible Participants who are Nonhighly Compensated Employees Employee for the same Plan Year must satisfy one of the following tests:
Appears in 1 contract
Samples: Adoption Agreement (Gadzooks Inc)