Common use of Allocation of Qualified Nonelective Contributions Clause in Contracts

Allocation of Qualified Nonelective Contributions. Allocation of Qualified Nonelective Contributions to Participants entitled thereto shall be made (Choose one): Option 1: [ ] In the ratio which each Participant's Compensation for the Plan Year bears to the total Compensation of all Participants for such Plan Year. Option 2: [ ] In the ratio which each Participant's Compensation not in excess of _____________ for the Plan Year bears to the total Compensation of all Participants not in excess of _____________ for such Plan Year.

Appears in 2 contracts

Samples: Flexible Standardized 401(k) Profit Sharing Plan Adoption Agreement (Tri Continental Corp), Flexible Nonstandardized Safe Harbor 401(k) Profit Sharing Plan Adoption Agreement (Tri Continental Corp)

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Allocation of Qualified Nonelective Contributions. Allocation of Qualified Nonelective Contributions to Participants entitled thereto shall be made (Choose one): Option CHOOSE ONE): OPTION 1: [ [X] In the ratio which each Participant's Compensation for the Plan Year bears to the total Compensation of all Participants for such Plan Year. Option . OPTION 2: [ ] In the ratio which each Participant's Compensation not in excess of _____________ ------- for the Plan Year bears to the total Compensation of all Participants not in excess of _____________ for such Plan -------- Year. NOTE: IF NO OPTION IS SELECTED, OPTION 1 WILL BE DEEMED TO BE SELECTED.

Appears in 1 contract

Samples: 401(k) Profit Sharing Plan Adoption Agreement (Miami Computer Supply Corp)

Allocation of Qualified Nonelective Contributions. Allocation of Qualified Nonelective Contributions to Participants entitled thereto shall be made (Choose one): Option 1: [ ] In the ratio which each Participant's Participants Compensation for the Plan Year bears to the total Compensation of all Participants for such Plan Year. Option 2: [ ] In the ratio which each Participant's Compensation not in excess of _____________ for the Plan Year bears to the total Compensation of all Participants not in excess of _____________ for such Plan Year.

Appears in 1 contract

Samples: 401(k) Profit Sharing Plan Adoption Agreement (Compdent Corp)

Allocation of Qualified Nonelective Contributions. Allocation of Qualified Nonelective Contributions to Participants entitled thereto shall be made (Choose oneCHOOSE ONE): Option 1: [ ] X/ In the ratio which each Participant's Compensation for the Plan Year bears to the total Compensation of all Participants for such Plan Year. Option 2: [ ] In the ratio which each Participant's Compensation not in excess of _____________ for the Plan Year bears to the total Compensation of all Participants not in excess of _____________ for such Plan Year.

Appears in 1 contract

Samples: Flexible Nonstandardized Safe Harbor 401(k) Profit Sharing Plan Adoption Agreement (Perficient Inc)

Allocation of Qualified Nonelective Contributions. Allocation of Qualified Nonelective Contributions to Participants entitled thereto shall be made (Choose one): Option 1: [ [X] In the ratio which each Participant's Compensation for the Plan Year bears to the total Compensation of all Participants for such Plan Year. Option 2: [ [_] In the ratio which each Participant's Compensation not in excess of _____________ for the Plan Year bears to the total Compensation of all Participants not in excess of _____________ for such Plan Year.

Appears in 1 contract

Samples: Flexible Nonstandardized Safe Harbor 401(k) Profit Sharing Plan Adoption Agreement (Nabi /De/)

Allocation of Qualified Nonelective Contributions. Allocation of Qualified Nonelective Contributions to Participants entitled thereto shall be made (Choose one): Option ): OPTION 1: [ ] (o) In the ratio which each Participant's Compensation for the Plan Year bears to the total Compensation of all Participants for such Plan Year. Option . OPTION 2: [ ] ( ) In the ratio which each Participant's Compensation not in excess of _________________ for the Plan Year bears to the total Compensation of all Participants not in excess of ________________________ for such Plan Year.

Appears in 1 contract

Samples: 401(k) Profit Sharing Plan Adoption Agreement (Ivc Industries Inc)

Allocation of Qualified Nonelective Contributions. Allocation of Qualified Nonelective Contributions to Participants entitled thereto shall be made (Choose one): Option 1: [ [X] In the ratio which each Participant's Compensation for the Plan Year bears to the total Compensation of all Participants for such Plan Year. Option 2: [ [_] In the ratio which each Participant's Compensation not in excess of _____________ for the Plan Year bears to the total Compensation of all Participants not in excess of _____________ for such Plan Year.

Appears in 1 contract

Samples: Flexible Nonstandardized Safe Harbor 401(k) Profit Sharing Plan Adoption Agreement (Nabi /De/)

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Allocation of Qualified Nonelective Contributions. Allocation of Qualified Nonelective Contributions to Participants entitled thereto shall be made (Choose one): ): Option 1: [ ] ? In the ratio which each Participant's Compensation for the Plan Year bears to the total Compensation of all Participants for such Plan Year. . - Option 2: [ ] ? In the ratio which each Participant's Compensation not in excess of _____________ for the Plan Year bears to the total Compensation of all Participants not in excess of _____________ for such ---- Plan Year. NOTE: If no option is selected, Options l will be deemed to be selected.

Appears in 1 contract

Samples: Flexible Nonstandardized Safe Harbor 401(k) Profit Sharing Plan Adoption Agreement (Equivest Finance Inc)

Allocation of Qualified Nonelective Contributions. Allocation of Qualified Nonelective Contributions to Participants entitled thereto shall be made (Choose one): Option 1: [ [X] In the ratio which each Participant's Compensation for the Plan Year bears to the total Compensation of all Participants for such Plan Year. Option 2: [ ] In the ratio which each Participant's Compensation not in excess of _____$________ for the Plan Year bears to the total Compensation of all Participants not in excess of _____$________ for such Plan Year.

Appears in 1 contract

Samples: Qualified Retirement Plan (Teardrop Golf Co)

Allocation of Qualified Nonelective Contributions. Allocation of Qualified Nonelective Contributions to Participants entitled thereto shall be made (Choose one): Option 1: [ [X] In the ratio which each Participant's Compensation for the Plan Year bears to the total Compensation of all Participants for such Plan Year. Option 2: [ ] In the ratio which each Participant's Compensation not in excess of of_________________ for the Plan Year bears to the total Compensation of all Participants not in excess of _____________ ______for such Plan Year.

Appears in 1 contract

Samples: Basic Plan Document (Edelbrock Corp)

Allocation of Qualified Nonelective Contributions. Allocation of Qualified Nonelective Contributions to Participants entitled thereto shall be made (Choose one): Option 1: [ ] In the ratio which each Participant's Compensation for the Plan Year bears to the total Compensation of all Participants for such Plan Year. Option 2: [ ] In the ratio which each Participant's Compensation not in excess of _____________ for the Plan Year bears to the total Compensation of all Participants not in excess of _____________ for such Plan Year.

Appears in 1 contract

Samples: Flexible Standardized 401(k) Profit Sharing Plan Adoption Agreement (Alloy Online Inc)

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