Allocation by Classification of Participants. The Profit Sharing Account of an Eligible Participant who is a member of a classification of Participants shall be credited with a portion of the contribution made for that classification, plus any forfeitures, if forfeitures are reallocated to Participants, equal to the ratio of that Eligible Participant's Plan Compensation for the Plan Year as it bears to the Plan Compensation of all Eligible Participants in that classification for that Plan Year. "
Appears in 2 contracts
Sources: Adoption Agreement (Books a Million Inc), 401(k) Profit Sharing Plan Adoption Agreement (Colfax CORP)
Allocation by Classification of Participants. The Profit Sharing Account of an Eligible Participant who is a member of a classification of Participants shall be credited with a portion of the contribution made for that classification, plus any forfeitures, if forfeitures are reallocated to Participants, equal to the ratio of that Eligible Participant's ’s Plan Compensation for the Plan Year as it bears to the Plan Compensation of all Eligible Participants in that classification for that Plan Year. "“
Appears in 2 contracts
Sources: Defined Contribution Plan and Trust (Triad Guaranty Inc), 401(k) Profit Sharing Plan Adoption Agreement (SXC Health Solutions Corp.)
Allocation by Classification of Participants. The Profit Sharing Account of an Eligible Participant Participants who is a member of a classification of Participants shall be credited with a portion of the contribution made for that classification, plus any forfeitures, if forfeitures are reallocated to Participants, equal to the ratio of that Eligible Participant's ’s Plan Compensation for the Plan Year as it bears to the Plan Compensation of all Eligible Participants in that classification for that Plan Year. "“
Appears in 1 contract
Sources: 401(k) Profit Sharing Plan Adoption Agreement (Atlas America Inc)
Allocation by Classification of Participants. The Profit Sharing Account of an Eligible Participant who is a member of a classification of Participants shall be credited with a portion of the contribution made for that classification, plus any forfeitures, if forfeitures are reallocated to Participants, equal to the ratio of that the Eligible Participant's ’s Plan Compensation for the Plan Year as it bears to the Plan Compensation of all Eligible Participants in that classification for that Plan Year. "“
Appears in 1 contract
Sources: Adoption Agreement (Aecom)