Common use of ACP TESTING Clause in Contracts

ACP TESTING. Any Mandatory Employee Contributions made for a Plan Year must satisfy the ACP Test of Section 3.19 for a Plan Year. Mandatory Employee Contributions that do not satisfy the ACP Test will utilize the correction methods of such Section.

ACP TESTING. Any Mandatory Voluntary Employee Contributions made for a Plan Year must satisfy the ACP Test of Section 3.19 for a Plan Year. Mandatory Voluntary Employee Contributions that do not satisfy the ACP Test will utilize the correction methods of such Section.