Basic Test. The Average Deferral Percentage for Participants who are Highly Compensated Employees for the Plan Year is not more than 1.25 times the Average Deferral Percentage for Participants who are non-Highly Compensated Employees for the same Plan Year, or
Appears in 9 contracts
Samples: 401(k) Plan Document (East West Bancorp Inc), Adoption Agreement (Shared Technologies Cellular Inc), Defined Contribution Plan and Trust (First Keystone Corp)
Basic Test. The Average Deferral Percentage for Participants who are Highly Compensated Employees for the Plan Year is not more than 1.25 times the Average Deferral Percentage for Participants who are non-non Highly Compensated Employees for the same Plan Year, or
Appears in 1 contract
Basic Test. The Average Deferral Percentage for Participants who are Highly Compensated Employees for the Plan Year is not more than 1.25 times the Average Deferral Percentage for Participants who w ho are nonNon-Highly Compensated Employees for the same Plan Year, or
Appears in 1 contract
