Contribution and Allocation. Formula (select all that apply):
Contribution and Allocation. 4.1 FORMULA FOR DETERMINING EMPLOYER'S CONTRIBUTION ...................
4.2 TIME OF PAYMENT OF EMPLOYER'S CONTRIBUTION ........................
4.3 ALLOCATION OF CONTRIBUTION, FORFEITURES AND EARNINGS ..............
Contribution and Allocation. 4.1 FORMULA FOR DETERMINING EMPLOYER'S CONTRIBUTION
Contribution and Allocation. FORMULA FOR DETERMINING EMPLOYER CONTRIBUTION 14 4.2 PARTICIPANT’S SALARY REDUCTION ELECTION 15 4.3 TIME OF PAYMENT OF EMPLOYER CONTRIBUTION 17 4.4 ALLOCATION OF CONTRIBUTION AND EARNINGS 17 4.5 ACTUAL DEFERRAL PERCENTAGE TEST 18 4.6 ADJUSTMENT TO ACTUAL DEFERRAL PERCENTAGE TEST 20 4.7 MAXIMUM ANNUAL ADDITIONS 21 4.8 ADJUSTMENT FOR EXCESS ANNUAL ADDITIONS 22 4.9 PLAN-TO-PLAN TRANSFERS (OTHER THAN ROLLOVERS) FROM QUALIFIED PLANS 23 4.10 PARTICIPANT DIRECTED INVESTMENTS 23 4.11 QUALIFIED MILITARY SERVICE 25
Contribution and Allocation. Formula (select all that apply):
(1) Discretionary Contributions: If selected below, the Primary Employer may, in its sole discretion, determine the Discretionary Matching Contribution applicable to all Employers equal to such a dollar amount or percentage of Elective Deferral and/or Employee After-Tax Contributions, as determined by the Primary Employer, which shall be allocated (select all that apply):
(a) in an amount equal to a discretionary percentage or amount of each Participant’s Elective Deferral and/or Employee After-Tax Contributions to be determined by the Employer for each Plan Year.
(b) based on the ratio of each Participant’s Elective Deferral and/or Employee After-Tax Contributions for the Plan Year to the total Elective Deferral and/or Employee After-Tax Contributions of all Participants for the Plan Year. If selected, Matching Contributions shall be subject to a maximum amount of (select one if applicable):
(i) $____ for each Participant.
(ii) of each Participant’s Plan Compensation.
(c) in an amount up to ____ % or $____of each Participant’s first ____ % or $____ of Plan Compensation contributed as Elective Deferral and/or Employee After-Tax Contributions. If any Matching Contribution remains, such amount shall be allocated to each such Participant in an amount up to ____ % or $____ of the next ____ % or $____of each Participant’s Plan Compensation contributed as Elective Deferral and/or Employee After-Tax Contributions. If any Matching Contribution remains after the application of the preceding sentence, such amount shall be allocated to each such Participant in an amount up to ____ % or $____ of the next ____ % or $____ of each Participant’s Plan Compensation contributed as Elective Deferral and/or Employee After-Tax Contributions. Any remaining Matching Contribution shall be allocated to each such Participant in the ratio that such Participant’s Elective Deferral and/or Employee After-Tax Contributions bear to the total Elective Deferral and/or Employee After-Tax Contributions of all such Participants. If selected, Matching Contributions shall be subject to a maximum amount of (select one if applicable):
(i) $____ for each Participant.
(ii) of each Participant’s Plan Compensation. x (2) Nondiscretionary Contributions: If selected below, the Employer shall make Nondiscretionary Matching Contributions in an amount equal to (select all that apply):
(a) of each Participant’s Plan Compensation contributed as Elective Deferral and/or Employ...
Contribution and Allocation. Nothing in this Section 2(c) diminishes, restricts, limits, or impairs in any manner otherwise-existing Company obligations to fully indemnify the Indemnitee, to pay all Expenses, or to provide the Indemnitee with Expense Advances, including those obligations that otherwise exist under this Agreement, under any other agreement or instrument, under any Charter Document, or under applicable law.
Contribution and Allocation. Section 4.01 Formula for Determining Employer's Contribution........................ 24 Section 4.02 Participant's Salary Reduction Election................................ 25 Section 4.03 Time of Payment of Employer's Contribution............................ 28 Section 4.04 Allocation of Contribution and Earnings................................ 28 Section 4.05 Actual Deferral Percentage Tests....................................... 31 Section 4.06 Adjustment to Actual Deferral Percentage Tests......................... 33 Section 4.07 Actual Contribution Percentage Tests................................... 34 Section 4.08 Adjustment to Actual Contribution Percentage Tests..................... 36 Section 4.09 Maximum Annual Additions............................................... 38 Section 4.10 Adjustment for Excessive Annual Additions.............................. 42 Section 4.11 Voluntary Contributions................................................ 43 Section 4.12
Contribution and Allocation. 6 FORMULA FOR DETERMINING CONTRIBUTION AND ALLOCATION............................. 6 TIME OF PAYMENT OF EMPLOYER'S CONTRIBUTION...................................... 8
Contribution and Allocation. FORMULA FOR DETERMINING CONTRIBUTION AND ALLOCATION: FOR MONEY PURCHASE PLAN If the Employer has executed the Adoption Agreement for a Money Purchase Plan, then the Employer shall contribute on behalf of each Participant, for each year of his participation in this Plan, an amount equal to the percentage of his annual Compensation specified in the Adoption Agreement. For any Compensation specified in the Adoption Agreement. All contributions by the Employer shall be made in cash or in such property as is acceptable to the Trustee. Any Forfeitures will reduce Employer contributions for the Plan Year after the Forfeitures occur. FOR PROFIT SHARING PLAN. If the Employer has executed the Adoption Agreement for a Profit Sharing Plan, the Employer shall contribute for each Plan Year out of Net Profits an amount to be determined based on the election specified in the Adoption Agreement. The amount contributed to the Plan plus any Forfeitures are to be allocated among the Participants as follows: If the Plan is not integrated, Employer Contributions plus any Forfeitures will be allocated among Participant Accounts in the ratio that each Participant's Compensation bears to the aggregate Compensation of all Participants. If the Plan is integrated, the Employer contributions plus any Forfeitures will be allocated among Participants' Accounts in the ratio that each Participant's Compensation for the Plan Year in excess of the integration level selected in the Adoption Agreement bears to such Compensation of all Participants, provided that for any Plan Year the amount credited under this paragraph to any Participant shall not exceed the product of the tax rate applicable to the Employer's contribution for old age, survivors and disability insurance (OASDi) under the Social Security Act (as in effect on the first day of the Plan Year) times the amount of Participant's Compensation in excess of the integration level selected in the Adoption Agreement. Any remaining Employer contributions or Forfeitures will be allocated among all Participant's accounts (whether or not they received an allocation under the preceding paragraph) in the ratio that each Participant's Compensation for that Plan Year. If the Employer has executed the Adoption Agreement for a Thrift Plan, the following provisions apply: EMPLOYER CONTRIBUTIONS: The Employer shall make a contribution to the Plan for each Plan Year out of its Net Profits on behalf of each Participant who makes Employee Contributions...
Contribution and Allocation
