Allocation of Contributions to Profit Sharing Contribution Accounts. (select one): (1) Non-Integrated Allocation (select one): (a) The Profit Sharing Contributions Account of each Participant eligible to share in the allocation for a Plan Year shall be credited with a portion of the contribution, plus any forfeitures, if forfeitures are reallocated to Participants, equal to the ratio that the Participant’s Plan Compensation for the Plan Year bears to the Plan Compensation for that Plan Year of all Participants eligible to share in the contribution. ¨ (b) A Profit Sharing Contribution may be allocated in an amount of $___ for each Participant eligible to share in the allocation for a Plan Year, on a ___ (specify period, such as weekly, monthly, quarterly, etc.) basis.
Appears in 1 contract
Samples: 401(k) Profit Sharing Plan Adoption Agreement (Atlas America Inc)
Allocation of Contributions to Profit Sharing Contribution Accounts. (select one):
(1) Non-Integrated Allocation (select one):
(a) The Profit Sharing Contributions Account of each Participant eligible to share in the allocation for a Plan Year shall be credited with a portion of the contribution, plus any forfeitures, if forfeitures are reallocated to Participants, equal to the ratio that the Participant’s Plan Compensation for the Plan Year bears to the Plan Compensation for that Plan Year of all Participants eligible to share in the contribution. ¨ .
(b) A Profit Sharing Contribution may be allocated in an amount of $____ for each Participant eligible to share in the allocation for a Plan Year, on a ____ (specify period, such as weekly, monthly, quarterly, etc.) basis.
Appears in 1 contract
Samples: Defined Contribution Plan and Trust (Triad Guaranty Inc)
Allocation of Contributions to Profit Sharing Contribution Accounts. (select one):
(1) Non-Integrated Allocation (select one):
(a) The Profit Sharing Contributions Account of each Participant eligible to share in the allocation for a Plan Year shall be credited with a portion of the contribution, plus any forfeitures, if forfeitures are reallocated to Participants, equal to the ratio that the Participant’s 's Plan Compensation for the Plan Year bears to the Plan Compensation for that Plan Year of all Participants eligible to share in the contribution. ¨ (b) A Profit Sharing Contribution may be allocated in an amount of $$ ____ for each Participant eligible to share in the allocation for a Plan Year, on a ____ (specify period, such as weekly, monthly, quarterly, etc.) basis.
Appears in 1 contract
Samples: 401(k) Profit Sharing Plan Adoption Agreement (Colfax CORP)
Allocation of Contributions to Profit Sharing Contribution Accounts. (select one):
þ (1) Non-Integrated Allocation (select one):
(a) The Profit Sharing Contributions Account of each Participant eligible to share in the allocation for a Plan Year shall be credited with a portion of the contribution, plus any forfeitures, if forfeitures are reallocated to Participants, equal to the ratio that the Participant’s Plan Compensation for the Plan Year bears to the Plan Compensation for that Plan Year of all Participants eligible to share in the contribution. ¨ .
(b) A Profit Sharing Contribution may be allocated in an amount of $___ $ for each Participant eligible to share in the allocation for a Plan Year, on a ___ (specify period, such as weekly, monthly, quarterly, etc.) basis.
Appears in 1 contract
Samples: 401(k) Profit Sharing Plan Adoption Agreement (SXC Health Solutions Corp.)