Contribution Percentage Limits. The Administrator may establish and change from time to time, in writing, without the necessity of amending this Plan and Trust, the minimum, if applicable, and maximum Employee Pre-Tax Contribution percentages, prospectively (for the current Plan Year), for all Participants. In addition, the Administrator may establish any lower percentage limits for Highly Compensated Employees as it deems necessary to satisfy the tests described in Section 12. As of the Effective Date, the Employee Pre-Tax Contribution maximum percentage is 15%. Irrespective of the limits that may be established by the Administrator in accordance with this paragraph, in no event shall the contributions made by or on behalf of a Participant for a Plan Year exceed the maximum allowable under Code section 415.
Contribution Percentage Limits. 13 3.5 Refunds When Contribution Dollar Limit Exceeded............... 13 3.6 Timing, Posting and Tax Considerations........................ 13
Contribution Percentage Limits. 12 3.6 Refunds When Contribution Dollar Limit Exceeded......
Contribution Percentage Limits. The Administrator may establish and change from time to time, in writing, without the necessity of amending the Plan and Trust, the separate minimum, if applicable, and maximum Pre-Tax and After-Tax Contribution percentages, and/or a maximum combined Pre-Tax and After-Tax Contribution percentage, prospectively or retrospectively (for the current Plan Year), for all Participants. In addition, the Administrator may establish any lower percentage limits for Highly Compensated Employees as it deems necessary to satisfy the tests described in Section 12. As of the Effective Date, the minimum Pre-Tax and After-Tax Contribution percentages are 1%, and the maximum Contribution percentages are:
Contribution Percentage Limits. The Administrator may establish and change from time to time, without the necessity of amending this Plan and Trust document, the minimum, if applicable, and maximum Before-Tax Contribution percentages, prospectively or retrospectively (for the current Plan Year), for all Participants. In addition, the Administrator may establish any lower percentage limits for Highly Compensated Employees as it deems necessary. As of the Effective Date, the Before-Tax Contribution maximum percentage is 15%.
Contribution Percentage Limits. The Administrator may establish and change from time to time, in writing, without the necessity of amending this Plan and Trust, the minimum, if applicable, and maximum Employee 401(k) and After-Tax Contribution percentages, and/or a maximum combined Employee 401(k) and After-Tax Contribution percentage, prospectively or retrospectively (for the current Plan Year), for all Participants. In addition, the Administrator may establish any lower percentage limits for Highly Compensated Employees as it deems necessary to satisfy the tests described in Section 12. As of the Effective Date, the minimum Employee 401(k) and After- Tax Contribution Percentages are 1%, and the maximum Contribution percentages are: Highly Contribution Compensated All Other Type Employees Participants Employee 401(k) 17% 17% After-Tax 10% 10% Sum of Both 17% 17% Irrespective of the limits that may be established by the Administrator in accordance with this paragraph, in no event shall the contributions made by or on behalf of a Participant for a Plan Year exceed the maximum allowable under Code section 415.
Contribution Percentage Limits. The Administrator may establish and change from time to time, in writing, without the necessity of amending the Plan and Trust, the separate minimum, if applicable, and maximum Pre-Tax and After-Tax Contribution percentages, and/or a maximum combined Pre-Tax and After-Tax Contribution percentage, prospectively or retrospectively (for the current Plan Year), for all Participants. In addition, the Administrator may establish any lower percentage limits for Highly Compensated Employees as it deems necessary to satisfy the tests described in Section 12. As of the Effective Date, the minimum Pre-Tax and After-Tax Contribution percentages are 2% and 1%, respectively, and the maximum Contribution percentages are: Contribution Type Percentages ---- ----------- Pre-Tax 15% After-Tax 10% Sum of Both 25% Irrespective of the limits that may be established by the Administrator in accordance with the paragraph above, in no event shall the Contributions made by or on behalf of a Participant for a Plan Year exceed the maximum allowable under Code section 415.
Contribution Percentage Limits. 11 3.6 Refunds When Contribution Dollar Limit Exceeded............... 11 3.7 Timing, Posting and Tax Considerations........................ 12 4 ROLLOVER CONTRIBUTIONS AND TRANSFERS FROM AND TO OTHER QUALIFIED PLANS...................................................... 13 4.1 Rollover Contributions........................................ 13 4.2 Transfers From and To Other Qualified Plans................... 13 5 EMPLOYER CONTRIBUTIONS............................................... 14 5.1 Company Match Contributions................................... 14 6 ACCOUNTING........................................................... 15
Contribution Percentage Limits. The Administrator may establish and change from time to time, in writing, without the necessity of amending this Plan and Trust document, the separate minimum, if applicable, and maximum Pre-Tax and After-Tax Contribution percentages, and/or a maximum combined Pre-Tax and After-Tax Contribution percentage, prospectively or retrospectively (for the current Plan Year), for all Participants. In addition, the Administrator may establish any lower percentage limits for Highly Compensated Employees as it deems necessary. As of the Effective Date, the maximum Contribution percentages are: HIGHLY CONTRIBUTION COMPENSATED ALL OTHER TYPE EMPLOYEES PARTICIPANTS ------------ ----------- ------------ Pre-Tax 4% 16% After-Tax 2% 16% Sum of Both 6% 16% Irrespective of the limits that may be established by the Administrator in accordance with this paragraph, in no event shall the contributions made by or on behalf of a Participant for a Plan Year exceed the maximum allowable under Code section 415.
Contribution Percentage Limits. The Administrative Committee may establish and change from time to time, in writing, without the necessity of amending this Plan and Trust, the minimum, if applicable, and maximum Salary Deferral Contribution percentages prospectively or retrospectively (for the current Plan Year), for all Participants. In addition, the Administrative Committee may establish any lower percentage limits for Highly Compensated Employees as it deems necessary to satisfy the tests described in Section 12. The minimum Contribution Percentage shall be 1%. There shall be no maximum Contribution Percentage; provided, however, that a Participant’s election of a Contribution Percentage shall be given effect only to the extent possible after complying with any withholding requirement otherwise applicable to the Participant’s Pay under the Code, state law, or federal law. Irrespective of the limits that may be established by the Administrative Committee in accordance with this paragraph, in no event shall the contributions made by or on behalf of a Participant for a Plan Year exceed the maximum allowable under Code Section 415.
