AVERAGE DEFERRAL PERCENTAGE. (ADP) TEST With respect to any Plan Year, the Average Deferral Percentage for Participants who are Highly Compensated Employees and the Average Deferral Percentage for Participants who are non-Highly Compensated Employees must satisfy one of the following tests:
Appears in 3 contracts
Samples: Cash or Deferred Profit Sharing Plan (Port Financial Corp), Non Standardized Adoption Agreement (Princeton Review Inc), 401(k) Plan Document (Berkshire Hills Bancorp Inc)
AVERAGE DEFERRAL PERCENTAGE. (ADP) TEST TEST. With respect to any Plan Year, the Average Deferral Percentage for Participants who are Highly Compensated Employees and the Average Deferral Percentage for Participants who are non-Highly Compensated Employees must satisfy one of the following tests:
Appears in 1 contract
Samples: Defined Contribution Plan and Trust (First Keystone Corp)
AVERAGE DEFERRAL PERCENTAGE. (ADP) TEST TEST. With respect to any Plan Year, the Average Deferral Percentage for Participants who are Highly Compensated Employees and the Average Deferral Percentage for Participants who are non-non Highly Compensated Employees must satisfy one of the following tests:
Appears in 1 contract
AVERAGE DEFERRAL PERCENTAGE. (ADP) TEST With respect to any Plan Year, the Average Deferral Percentage for Participants who are Highly Compensated Employees and the Average Deferral Percentage for Participants who are nonNon-Highly Compensated Employees must satisfy one of the following tests:
Appears in 1 contract