Common use of Allocation Group Clause in Contracts

Allocation Group. Subject to Section 3.06, allocate the Plan-Designated QMAC (Choose one of a. or b.): a. [ ] NHCEs only. Only to NHCEs who make Elective Deferrals subject to the Plan-Designated QMAC. b. [ ] All Participants. To all Participants who make Elective Deferrals subject to the Plan-Designated QMAC. The Plan Administrator will allocate all other Matching Contributions as Regular Matching Contributions under Section 3.03(B), except as provided in Sections 3.03(C)(2) or 3.05. [Note: See Section 4.10(D) as to targeting limitations applicable to QMAC nondiscrimination testing.]

Appears in 5 contracts

Samples: Adoption Agreement (Fossil Group, Inc.), Adoption Agreement, Adoption Agreement

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Allocation Group. Subject to Section 3.06, allocate the Plan-Designated QMAC (Choose one of a. or b.): a. [ ] ¨ NHCEs only. Only to NHCEs who make Elective Deferrals subject to the Plan-Designated QMAC. b. [ ] ¨ All Participants. To all Participants who make Elective Deferrals subject to the Plan-Designated QMAC. The Plan Administrator will allocate all other Matching Contributions as Regular Matching Contributions under Section 3.03(B), except as provided in Sections 3.03(C)(2) or 3.05. [Note: See Section 4.10(D) as to targeting limitations applicable to QMAC nondiscrimination testing.]

Appears in 1 contract

Samples: 401(k) Plan Adoption Agreement (Knowles Corp)

Allocation Group. Subject to Section 3.06, allocate the Plan-Designated QMAC (Choose one of a. or b.): a. [ ] NHCEs only. Only to NHCEs who make Elective Deferrals subject to the Plan-Designated QMAC. b. [ ] All Participants. To all Participants who make Elective Deferrals subject to the Plan-Designated QMAC. QMAC The Plan Administrator will allocate all other Matching Contributions as Regular Matching Contributions under Section 3.03(B), except as provided in Sections 3.03(C)(2) or 3.05. [Note: See Section 4.10(D4 10(D) as to targeting limitations applicable to QMAC nondiscrimination testing.]

Appears in 1 contract

Samples: 401(k) Plan Adoption Agreement (Firstmerit Corp /Oh/)

Allocation Group. Subject to Section 3.06, allocate the Plan-Designated QMAC (Choose one of a. or b.): a. [ ] NHCEs only. Only to NHCEs who make Elective Deferrals subject to the Plan-Designated QMAC. b. [ ] All Participants. To all Participants who make Elective Deferrals subject to the Plan-Designated QMAC. The Plan Administrator will allocate all other Matching Contributions as Regular Matching Contributions under Section 3.03(B), except as provided in Sections 3.03(C)(2) or 3.05. [Note: See Section 4.10(D) as to targeting limitations applicable to QMAC nondiscrimination testing.]

Appears in 1 contract

Samples: Adoption Agreement

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Allocation Group. Subject to Section 3.06, allocate the Plan-Designated QMAC (Choose one of a. or b.): a. [ ] NHCEs only. Only to NHCEs who make Elective Deferrals subject to the Plan-Designated QMAC. b. [ ] All Participants. To all Participants who make Elective Deferrals subject to the Plan-Designated QMAC. The Plan Administrator will allocate all other Matching Contributions as Regular Matching Contributions under Section 3.03(B), except as provided in Sections 3.03(C)(2) or 3.05. [Note: See Section 4.10(D) as to targeting limitations applicable to QMAC nondiscrimination testing.. ]

Appears in 1 contract

Samples: Adoption Agreement (Connecticut Water Service Inc / Ct)

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