Allocation of Excess Amounts. (Annual Additions) Excess deferrals which result in an Excess Amount shall be returned to the Participant. In the event that the allocation formula of other contributions 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.
Appears in 2 contracts
Samples: Adoption Agreement (Shared Technologies Cellular Inc), Adoption Agreement (Maxim Pharmaceuticals Inc)
Allocation of Excess Amounts. (Annual Additions) Excess deferrals which result in an Excess Amount shall be returned to the Participant. In the event that the allocation formula of other contributions 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.
Appears in 2 contracts
Samples: 401(k) Retirement Plan and Trust Agreement (California Coastal Communities Inc), Non Standardized Adoption Agreement (Valley National Corp /De/)
Allocation of Excess Amounts. (Annual Additions) Excess deferrals which result in an Excess Amount shall be returned to the Participant. In the event that the allocation formula of other contributions 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.
Appears in 1 contract
Samples: Non Standardized Adoption Agreement (Princeton Review Inc)
Allocation of Excess Amounts. (Annual Additions) Excess deferrals which result in an Excess Amount shall be returned to the Participant. In the event that the allocation formula of other contributions results in an Excess Amount, such excess shall be: [x] :
(i) placed Placed in a suspense account accruing no gains or losses for the benefit of the Participant.
Appears in 1 contract
