Avoiding an Excess Annual Addition. If, at any time during a Plan Year, the allocation of any additional Contributions would produce an excess Annual Addition for such year, Contributions to be made for the remainder of the Plan Year shall be limited to the amount needed for each affected Participant to receive the maximum Annual Addition.
Appears in 16 contracts
Samples: 401(k) Plan and Trust Agreement (Leggett & Platt Inc), Employees' Savings Plan and Trust Agreement (Timken Co), Employee Stock Savings Plan (La Gear Inc)