Common use of ADP Test Clause in Contracts

ADP Test. The ADP ratio for Nonhighly Compensated Employees will be based on the following: a. [ ] N/A. This Plan satisfies the ADP test safe harbor rules for all Participants for all Plan Years to which this Plan applies. b. [ ] Prior Year Testing Method. The prior year ratio will be used for Plan Years beginning on or after 1. [ ] N/A (Effective date of prior year testing is after effective date of Code Section 401(k) feature.) 2. [ ] 3% 3. [ ] the actual percentage for the initial Plan Year.

ADP Test. The ADP ratio for Nonhighly Compensated Employees will be based on the following: a. [ ] N/A. This Plan satisfies the ADP test safe harbor rules for all Participants for all Plan Years to which this Plan applies. b. [ ] Prior Year Testing Method. The prior year ratio will be used for Plan Years beginning on or after 1. [ ] N/A (Effective date of prior year testing is after effective date of Code Section 401(k) feature.) 2. [ ] 3% 3. [ ] the actual percentage for the initial Plan Year.

ADP Test. The ADP ratio for Nonhighly Compensated Employees will be based on the following: a. [ ] N/A. This Plan satisfies the ADP test safe harbor rules for all Participants for all Plan Years to which this Plan applies. b. [ ] Prior Year Testing Method. The prior year ratio will be used for Plan Years beginning on or after 1. [ ] N/A (Effective date of prior year testing is after effective date of Code Section 401(k) feature.) 2. [ ] 3% 3. [ ] the actual percentage for the initial Plan Year.

ADP Test. The ADP ratio for Nonhighly Compensated Employees will be based on the following: a. [ ] N/A. This Plan satisfies the ADP test safe harbor rules for all Participants for all Plan Years to which this Plan applies. b. [ ] Prior Year Testing Method. The prior year ratio will be used for Plan Years beginning on or after 1. [ ] N/A A. (Effective date of prior year testing is after effective date of Code Section 401(k) feature.) 2. [ ] 3% 3. [ ] the actual percentage for the initial Plan Year.