Allocation Method. The Plan Administrator will allocate a Plan-Designated QNEC using the following method (Choose a., b., c. or d.): a. [ ] Pro rata. b. [ ] Flat dollar. c. [ ] Reverse. See Section 3.04(C)(3). d. [ ] Describe: . [Note: Any allocation method the Employer elects under Election 27(b)(3)d. must be definitely determinable. See Section 4.10(C) as to targeting limitations applicable to QNEC nondiscrimination testing.]
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Samples: Adoption Agreement, Adoption Agreement, Adoption Agreement
Allocation Method. The Plan Administrator will allocate a Plan-Designated QNEC using the following method (Choose one of a., b., c. c, or d.):
a. [ ] Pro rata.
b. [ ] Flat dollar.
c. [ ] Reverse. See Section 3.04(C)(3).
d. [ ] Describe: . [Note: Any allocation method the Employer elects under Election 27(b)(3)d29(b)(3)d. must be definitely determinable. See Section 4.10(C4.10(D) as to targeting limitations applicable to QNEC nondiscrimination testing.]
Appears in 1 contract
Samples: 401(k) Plan Adoption Agreement (Firstmerit Corp /Oh/)
Allocation Method. The Plan Administrator will allocate a Plan-Designated QNEC using the following method (Choose one of a., b., c. c., or d.):
a. [ ] ¨ Pro rata.
b. [ ] ¨ Flat dollar.
c. [ ] ¨ Reverse. See Section 3.04(C)(3).
d. [ ] ¨ Describe: . [Note: Any allocation method the Employer elects under Election 27(b)(3)d29(b)(3)d. must be definitely determinable. See Section 4.10(C4.10(D) as to targeting limitations applicable to QNEC nondiscrimination testing.]
Appears in 1 contract
Allocation Method. The Plan Administrator will allocate a Plan-Designated QNEC using the following method (Choose a., b., c. or d.):,
a. [ ] Pro rata.
b. [ ] Flat dollar.
c. [ ] Reverse. See Section 3.04(C)(3).
d. [ ] Describe: . [Note: Any allocation method the Employer elects under Election 27(b)(3)d. must be definitely determinable. See Section 4.10(C) as to targeting limitations applicable to QNEC nondiscrimination testing.]
Appears in 1 contract
Samples: Adoption Agreement