Common use of Contribution Period for Nonelective Employer Contributions Clause in Contracts

Contribution Period for Nonelective Employer Contributions. The Contribution Period for purposes of calculating the amount of Nonelective Employer Contributions is the Plan Year, unless the Employer elects another Contribution Period below. Regardless of any selection made below, the Contribution Period for 401(k) Safe Harbor Nonelective Employer Contributions under Option 1.12(a)(3) or Nonelective Employer Contributions allocated under an integrated formula selected under Option 1.12(b)(2) is the Plan Year. (1) ¨ each calendar month. (2) ¨ each Plan Year quarter. (3) ¨ each payroll period.

Contribution Period for Nonelective Employer Contributions. The Contribution Period for purposes of calculating the amount of Nonelective Employer Contributions is the Plan Year, unless the Employer elects another Contribution Period below. Regardless of any selection made below, the Contribution Period for 401(k) Safe Harbor Nonelective Employer Contributions under Option 1.12(a)(3) or Nonelective Employer Contributions allocated under an integrated formula selected under Option 1.12(b)(2) is the Plan Year. (1) ¨ each ¨each calendar month. (2) ¨ each ¨each Plan Year quarter. (3) ¨ each ¨each payroll period.

Contribution Period for Nonelective Employer Contributions. The Contribution Period for purposes of calculating the amount of Nonelective Employer Contributions is the Plan Year, unless the Employer elects another Contribution Period below. Regardless of any selection made below, the Contribution Period for 401(k) Safe Harbor Nonelective Employer Contributions under Option 1.12(a)(3) or Nonelective Employer Contributions allocated under an integrated formula selected under Option 1.12(b)(2) is the Plan Year. (1) ¨ ☐ each calendar month. (2) ¨ ☐ each Plan Year quarter. (3) ¨ ☐ each payroll period.