Calendar Year Data Election. If the Plan Year is not the calendar year, the prior year computation period for purposes of determining if an Employee earned more than $80,000, as indexed, is the calendar year beginning in the prior Plan Year. This election is applicable for the Plan Year in which this Plan is effective.
Calendar Year Data Election. For determining which Employees are Highly Compensated Employees, the look- back year will be the 12 month period immediately preceding the determination year, except that, for non-calendar year plans, the look-back year will be the calendar year ending with or within the Plan Year for which the determination is being made by checking this line .
Calendar Year Data Election. In determining who is a Highly Compensated Employee (other than a 5% owner) the Employer makes a calendar year data election. The look-back year is the calendar year beginning with or within the look-back year. The election was applicable for: [ ] 1. 1998 Plan Year. [ ] 2. 1999 Plan Year. [ ] 3. 2000 Plan Year. [ ] 4. 2001 Plan Year. [ ] 5. 2002 Plan Year. If the elections above are made, such election shall apply to all Plans maintained by the Employer.
Calendar Year Data Election. In determining who is a Highly Compensated Employee (other than a 5% owner) (select one):
(a) A calendar year data election is made. The effect of this election is that the look-back year is the calendar year beginning with or within the look-back year.
(b) A calendar year data election is not made.
(c) Not applicable, Plan Year is the calendar year.
Calendar Year Data Election. If elected in the Adoption Agreement an Employer may make a calendar year data election for a Determination Year. The effect of the calendar year data election is that the calendar year beginning with or within the look-back year is treated as the Employer's look-back year for purposes of determining whether an Employee is an HCE on account of the Employee's Compensation for a look-back year under section 414(q)(1)(B). A calendar year data election, once made, applies for all subsequent Determination Years until subsequently amended by the Employer.
Calendar Year Data Election. In determining who is a Highly Compensated Employee (other than a 5% owner) the Employer makes a calendar year data election. The look-back year is the calendar year beginning with or within the look-back year. The election was applicable for: [ ] 1. 1998 Plan Year. [ ] 2. 1999 Plan Year. [ ] 3. 2000 Plan Year. [ ] 4. 2001 Plan Year. [ ] 5. 2002 Plan Year. If the elections above are made, such election shall apply to all Plans maintained by the Employer. [ ] C. Calendar Year Calculation Election (for 1997 Plan Year only): Indicate below whether the Calendar Year calculation election was made for Plan Years beginning in 1997: [ ] Yes [ ] No
Calendar Year Data Election. If the Plan Year is not the calendar year, the prior year computation period for purposes of determining if an Employee earned more than $95,000, as indexed, is the calendar year beginning in the prior Plan Year. This election is applicable for the Plan Year in which this Plan is effective.
D. “Hour of Service”
o 1. Not applicable. A Year of Service (Period of Service) is defined using the Elapsed Time method.
o 2. On the basis of actual hours for which an Employee is paid or entitled to payment [Plan defaults to this election].
o 3. On the basis of days worked. An Employee shall be credited with ten (10) Hours of Service if the Employee would be credited with at least one (1) Hour of Service during the day.
o 4. On the basis of weeks worked. An Employee shall be credited with forty-five (45) Hours of Service if the Employee would be credited with at least one (1) Hour of Service during the week.
þ 5. On the basis of semi-monthly payroll periods. An Employee shall be credited with ninety-five (95) Hours of Service if the Employee would be credited with at least one (1) Hour of Service during the semi-monthly payroll period (applicable for employees compensated semi-monthly).
þ 6. On the basis of months worked. An Employee shall be credited with one-hundred-ninety (190) Hours of Service if the Employee would be credited with at least one (1) Hour of Service during the month (applicable for employees compensated bi-weekly).
E. “Integration Level”
þ 1. Not applicable. Either the Plan’s allocation formula is not integrated with Social Security or there are no Non-Elective Employer Contributions being made to the Plan [Plan defaults to this election].
o 2. The Taxable Wage Base.
o 3. (not more than 100%) of the Taxable Wage Base.
o 4. $ ___, provided that such amount is not in excess of the amount determined under paragraph (E)(2) above.
o 5. One dollar over 80% of the Taxable Wage Base.
Calendar Year Data Election. For purposes of determining who was a Highly Compensated Employee (other than as a five-percent owner), did the Employer make a calendar year data election for the following Plan Years? 1997 [_] Yes [_] No [_] Not Applicable 2001 [_] Yes [_] No [_] Not Applicable 1998 [_] Yes [_] No [_] Not Applicable 2002 [_] Yes [_] No [_] Not Applicable 1999 [_] Yes [_] No [_] Not Applicable 2003 [_] Yes [_] No [_] Not Applicable 2000 [_] Yes [_] No [_] Not Applicable 2004 [_] Yes [_] No [_] Not Applicable
Calendar Year Data Election. If the Plan Year is a fiscal year other than a calendar year, for purposes of determining who is a Highly Compensated Employee (other than a five-percent owner) under the Plan, will the calendar year data election apply (select one)? Option 1: ¨ Yes.
Calendar Year Data Election. (Select to change the look-back year for compensation determination. This election has no effect if the Plan Year begins on January
