Common use of AVERAGE DEFERRAL PERCENTAGE Clause in Contracts

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)

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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

Samples: Profit Sharing Plan (First Keystone Corp)

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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

Samples: Adoption Agreement (Oregon Trail Financial Corp)

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