Common use of Allocation Service Requirements for Matching Contributions Clause in Contracts

Allocation Service Requirements for Matching Contributions. a. □ In order to share in the allocation of Matching Contributions, a Participant is required to complete the following Hours of Service in the applicable Plan Year b. □ In order to share in the allocation of Matching Contributions, a Participant is required to be employed by the Adopting Employer on the last day of the Plan Year c. □ In order to share in the allocation of Matching Contributions, a Participant is required to be employed by the Adopting Employer on the last day of the Plan Year or complete at least Hours of Service in the applicable Plan Year d. ☑ None

Appears in 1 contract

Samples: Adoption Agreement

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Allocation Service Requirements for Matching Contributions. a. [ ] In order to share in the allocation of Matching Contributions, a Participant is required to complete the following Hours of Service in the applicable Plan Year b. [ ] In order to share in the allocation of Matching Contributions, a Participant is required to be employed by the Adopting Employer on the last day of the Plan Year c. [ ] In order to share in the allocation of Matching Contributions, a Participant is required to be employed by the Adopting Employer on the last day of the Plan Year or complete at least Hours of Service in the applicable Plan Year d. [ ] None

Appears in 1 contract

Samples: 403(b) Retirement Plan Adoption Agreement

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