Common use of Allocation of Excess Amounts (Annual Additions Clause in Contracts

Allocation of Excess Amounts (Annual Additions. In the event that the allocation formula above results in an Excess Amount, such excess shall be: [X] (i) placed in a suspense account accruing no gains or losses for the benefit of the Participant.

Allocation of Excess Amounts (Annual Additions. In the event that the allocation formula above results in an Excess Amount, such excess shall be: [X[ ] (i) placed in a suspense account accruing no gains or losses for the benefit of the Participant. [X] (ii) reallocated as additional Employer contributions to all other Participants to the extent that they do not have any Excess Amount.

Allocation of Excess Amounts (Annual Additions. In the event that the allocation formula above results in an Excess Amount, such excess shall be: [X] (i) placed in a suspense account accruing no gains or losses for the benefit of the Participant. [_] (ii) reallocated as additional Employer contributions to all other Participants to the extent that they do not have any Excess Amount.

Allocation of Excess Amounts (Annual Additions. In the event that the allocation formula above results in an Excess Amount, such excess shall be: [Xx] (i) placed in a suspense account accruing no gains or losses for the benefit of the Participant.