Average Contribution Percentage Test. The provisions of this Section shall apply if Employer contributions are made in any Plan Year under Section 4.2(a) and/or if Employee after-tax contributions are made to the Plan under Section 4.5. As of the last day of each Plan Year, the average contribution percentage for Highly-Compensated Employees for the Plan Year shall satisfy either of the following tests:
(1) The average contribution percentage for eligible Participants who are Highly-Compensated Employees shall not exceed the average contribution percentage for eligible Participants who are Nonhighly-Compensated Employees for the Plan Year multiplied by 1.25; or
(2) The average contribution percentage for eligible Participants who are Highly-Compensated Employees shall not exceed the average contribution percentage for eligible Participants who are Nonhighly-Compensated Employees for the Plan Year multiplied by two (2), provided that the average contribution percentage for eligible Participants who are Highly-Compensated Employees does not exceed the average contribution percentage for eligible Participants who are Nonhighly-Compensated Employees by more than two (2) percentage points or such lesser amount as the Secretary of the Treasury shall prescribe to prevent the multiple use of this alternative limitation with respect to any Highly-Compensated Employee.
Average Contribution Percentage Test. 26 A.7 Excess Aggregate Contributions...................................
Average Contribution Percentage Test. (a) In computing the Average Contribution Percentage (ACP), the Employer shall take into account, and include as Contribution Percentage Amounts:
(1) Elective Deferrals; or
(2) Qualified Nonelective Contributions under this Plan or any other plan of the Employer, as provided by regulations.
(b) The amount of Elective Deferrals made under Section 14.77 and taken into account as Contribution Percentage Amounts for purposes of calculating the Average Contribution Percentage, subject to such other requirements as may be prescribed by the Secretary of the Treasury, shall be:
(1) all such Elective Deferrals; or
Average Contribution Percentage Test. Also, Employer Safe-Harbor Matching and Safe-Harbor Profit Sharing Contributions may be taken into account in applying the Average Contribution Percentage Test, but only to the extent they exceed the minimum contribution required to qualify as safe- harbor contributions.]
Average Contribution Percentage Test. 14.09 (14.08) Beneficiary . . . . . . . . . . . . . . . . . . . . . . . 1.11 (1.03)
Average Contribution Percentage Test. The term Average Contribution Percentage (or ACP) Test means the greater of one of the following nondiscrimination tests for Matching Contributions and Employee contributions: (1) the ACP for Participants who are HCEs will not exceed the ACP for Participants who are NHCEs multiplied by 1.25; or (b) the ACP for Participants who are HCEs will not exceed the ACP for Participants who are NHCEs multiplied by 2.0, provided that the ACP for Participants who are HCEs does not exceed the ACP for Participants who are NHCEs by more than 2 percentage points. The ACP Test for any Plan Year will be determined in accordance with the following:
Average Contribution Percentage Test. 14.09 (14.08) Beneficiary.................................. 1.11 (1.03)
Average Contribution Percentage Test. 14.09 (14.07) Beneficiary . . . . . . . . . . . . . . . . . . . . . . . . . 1.11 (1.03) Break in Service for Eligibility Purposes . . . . . . . . . .
Average Contribution Percentage Test. (a) In computing the Average Contribution Percentage (ACP), the Employer shall take into account, and include as Contribution Percentage Amounts: (1) Elective Deferrals; or
Average Contribution Percentage Test
