ACP. The Applicable Contribution Rate of an ACP Participant who is an NHCE for the ACP test is the sum of the NHCE's Matching Contributions and QNECs used in the ACP test, divided by the NHCE's Compensation.
Appears in 3 contracts
Samples: Plan and Trust Agreement (Bob Evans Farms Inc), Participation Agreement (Nci Building Systems Inc), Plan and Trust Agreement (Finisar Corp)
ACP. The Applicable Contribution Rate of an ACP Participant who is an NHCE for the ACP test is the sum of the NHCE's ’s Matching Contributions and QNECs used in the ACP test, divided by the NHCE's ’s Compensation.
Appears in 1 contract
Samples: Adoption Agreement (Knowles Corp)
