Contribution Allocation. The Advisory Committee will allocate deferral contributions, matching contributions, qualified nonelective contributions and nonelective contributions in accordance with Section 14.06 and the elections under this Adoption Agreement Section 3.04.
PART I. [OPTIONS (a) THROUGH (d)].
Contribution Allocation. 3.01 3.05 Forfeiture Allocation........................................................................3.03 3.06
Contribution Allocation. The Advisory Committee will allocate deferral contributions, matching contributions, qualified nonelective contributions and nonelective contributions in accordance with Section 14.06 and the elections under this Adoption Agreement Section 3.04. Part I. [Options (a) through (d)]. Special Accounting Elections. (Choose whichever elections are applicable to the Employer's Plan)
(a) Matching Contributions Account. The Advisory Committee will allocate matching contributions to a Participant's: (Choose (1) or (2); (3) is available only in addition to (1)) [X] (1) Regular Matching Contributions Account.
Contribution Allocation. Allocation formula. The primary allocation formulas are in Options (a), (b), (c) and (d). Option
(a) is a Nonintegrated formula and allocates the employer contribution proportionate to total compensation. Options (b), (c) and (d) are alternatives for integrated plans. Usually option (a)
Contribution Allocation. There are two approaches for allocating (dividing up) the contribution to participants. Option (a) mirrors the contribution formula chosen in Section 3.01. Option
(a) must be chosen if the employer chose either integrated contribution formula 3.01(a) or (b) of if the employer chose 3.01(d)(2) or (d)(3).
(b) allows the employer to take a "profit sharing" approach to allocating the contribution if the employer chose a fixed percentage or amount in Section 3.01. Under option (b) the employer has the choice of pro-rate (nonintegrated) or a two-tiered integrated formula.
(c) is available only in addition to options (a) and (b). Option
Contribution Allocation. 3.01 3.05 Forfeiture Allocation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3.03 3.06
Contribution Allocation. For contribution allocations under Article III.
Contribution Allocation. The Advisory Committee will allocate ----------------------- deferral contributions, matching contributions, qualified nonelective contributions and nonelective contributions in accordance with Section 14.06 and the elections under this Adoption Agreement Section 3.04. Part I. [Options (a) through (d)]. Special Accounting Elections. (Choose whichever elections are applicable to the Employer's Plan)
(a) Matching Contributions Account. The Advisory Committee will allocate matching contributions to a Participant's: (Choose (1) or (2); (3) is available only in addition to (1))
(1) Regular Matching Contributions Account.
(2) Qualified Matching Contributions Account.
(3) Except, matching contributions under Option(s) ------------ of Adoption Agreement Section 3.01 are allocable to the Qualified Matching Contributions Account.
Contribution Allocation. Part I - Matching Contributions. Select which account you want the matching contributions to be allocated to. The Regular Matching Account is subject to a vesting schedule. The Qualified Matching Account is always 100% vested and contributions may be used to satisfy the deferral non-discrimination test. Qualified Non-elective Contributions. Choose which participants would receive an extra contribution to help satisfy the non-discrimination test for deferrals (QNEC). For administrative convenience opton (2) is chosen.
Contribution Allocation. For contribution allocations under Article III. o (d) Exceptions. Except for the following Service: .
ARTICLE II ELIGIBILITY REQUIREMENTS
