Allocating Employer Contributions. The Employer must specify in the Adoption Agreement the manner in which the Employer’s contribution shall be allocated to Participants including any minimum contribution for Top-Heavy Plans. Employer contributions shall be allocated to all Participants eligible to receive a contribution as provided in the Adoption Agreement.
Appears in 7 contracts
Samples: Defined Contribution Plan, Adoption Agreement (Sterling Chemicals Inc), Defined Contribution Plan (Georgetown Bancorp, Inc.)
Allocating Employer Contributions. The Employer must specify in the Adoption Agreement the manner in which the Employer’s 's contribution shall be allocated to Participants including any minimum contribution for Top-Heavy Plans. Employer contributions shall be allocated to all Participants eligible to receive a contribution as provided in the Adoption Agreement.
Appears in 2 contracts
Samples: Defined Contribution Plan (Thomasville Bancshares Inc), Defined Contribution Plan (Spheris Leasing LLC)