Calendar Year Election. The election under Part 13, #68.b. above to use (or to not use) the Calendar Year Election did not apply for the following post-1996 Plan Year(s): _________________________________. [ ] c. The Old-Law Calendar Year Election applied for the Plan Year that began in 1997. [X] B-2. Required minimum distributions. (See Section 10.4 of the BPD.)
Calendar Year Election. The calendar year election is being made for the purpose of determining who is a HCE.
Calendar Year Election. A special election used for determining the Lookback Year in applying the Highly Compensated Employee test under Section 22.99.
Calendar Year Election. If the Plan Year elected under the Agreement is not the calendar year, for purposes of applying the Highly Compensated Employee test under subsection (a)(2) above, the Employer may elect under Part 13, #50.b. of the Agreement [Part 13, #68.b. of the 401(k) Agreement] to substitute for the Lookback Year the calendar year that begins in the Lookback Year. The Calendar Year Election does not apply for purposes of applying the Five-Percent Owner test under subsection (a)(1) above. If the Employer does not specifically elect to apply the Calendar Year Election, the Calendar Year Election does not apply. The Calendar Year Election should not be selected if the Plan is using a calendar Plan Year.
Calendar Year Election. In determining whether an Employee is a Highly Compensated Employee, the Calendar Year Election under Section 22.99(b)(5) does not apply unless the Employer specifically elects under Part 13, #50.b. of the Agreement [Part 13, #68.b. of the 401(k) Agreement] to have the Calendar Year Election apply. The Employer’s election to use or not use the Calendar Year Election is generally effective for all years beginning with the Effective Date of this Plan (or the first Plan Year beginning after December 31, 1996, if later). However, because the Employer may not have operated the Plan consistent with this Calendar Year Election for all years prior to the date this Plan restatement is adopted, Appendix B-1.b. of the Agreement permits the Employer to override the Calendar Year Election under this Plan for specified Plan Years beginning after December 31, 1996, and before the date this Plan restatement is adopted.
Calendar Year Election. Irrespective of any other language, clause or provision in the Plan and Trust or Adoption Agreement, for Plans that have elected to use the calendar year (the twelve contiguous month period beginning January 1 and ending December 31) as the Plan's Plan Year, the Employer shall use the calendar year ending with the Plan Year in the look back year (as defined in Treasury Regulations under Section 414(q) of the Code) calculation for determining which Employees are Highly Compensated Employees. The use of the calendar year as the look-back year shall apply to all Plans, entities, and arrangements of the Employer. The determination year shall be the twelve month period ending with the Plan Year as well. For all Plans not using the calendar year as their Plan Year, the determination year shall be the same as the Plan Year and the Employer shall use the twelve contiguous months immediately preceding the determination year as the look back year.
Calendar Year Election. In determining who is a Highly Compensated Employee (other than a 5 percent 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 is applicable for: [ ] 1. 1998 Plan Year. [ ] 2. 1999 Plan Year. [ ] 3. 2000 Plan Year. [ ] 4. 2001 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 Election. In determining who is a Highly Compensated Employee (other than as a Five-Percent Owner), the Employer makes a calendar year data election. The effect of this election is that the look-back year is the calendar year beginning with or within the look-back year. X NOT APPLICABLE. Neither of these elections applies. SECTION 401(k) FEATURE MATCHING CONTRIBUTIONS SUBJECT TO ACP (THE FOLLOWING ITEMS 24 THROUGH 26 SHOULD BE COMPLETED ONLY IF THE BOX IN ITEM 14(a) ENTITLED "MATCHING CONTRIBUTIONS SUBJECT TO ACP" IS SELECTED. DO NOT COMPLETE ITEMS 24 THROUGH 26 IF THE SAFE HARBOR PLAN ELECTION IN ITEM 14(b) IS SELECTED.)
Calendar Year Election. Irrespective of any other language, clause or provision in the Plan and Trust or Adoption Agreement, the Employer may elect to use the calendar year ending with or within the determination year for the look back year (as defined in Treasury Regulations under Section 414(q) of the Code) calculation for determining which Employees are Highly Compensated Employees. The determination year shall be the months (if any) in the current Plan Year which follow the end of the calendar look-back year. If the Employer elects to make the calendar year election with respect to any Plan, entity or arrangement, the election must apply to all of the Plans, entities, and arrangements of the Employer. / / Employer elects to use the calendar year to determine whether an Employee is Highly Compensated Employee in the look-back year.
