Related Clauses

How Do I Correct an Excess Contribution?
Excess Contributions
Deposit Pay ment of The Fixed Reserve Price
Excess Costs
Adjustment of Minimum Quarterly Distribution and Target Distribution Levels
Maximum Accumulation
Contribution Allocation
Termination of Multiple REMICs
Collection Allocation Mechanism
Increased Cost and Reduced Return; Capital Adequacy; Reserves on Eurodollar Rate Loans

Parent Clauses

Collective Bargaining Units
Call Feature
Separate Testing
Beneficiary Designation
Suspension from Further Contributions
"Participant"
Family Member Correction
QPSA Election by Surviving Spouse
Investment Fund Sources
Prior Company Account Plus Withdrawals

Sub-Clauses

Advisors May Be Retained
Special Contributions
Plan Delineates Authority and Responsibility
Administrative Committee and Investment Committee Duties
Overriding Minimum Benefit
Special Vesting
Fiduciary Standards
Minimum Contribution Requirement
Top Heavy Definitions
Company Is ERISA Plan Administrator

Correcting a Multiple Plan Excess. If a Participant, whose Account is credited with an excess Annual Addition, received allocations to more than one defined contribution plan, the excess shall be corrected by reducing the Annual Addition to this Plan only after all possible reductions have been made to the other defined contribution plans.

Appears in 9 contracts

Samples: Savings Plan and Trust Agreement (Nipsco Industries Inc), Retirement Savings Plan and Trust Agreement (Southdown Inc), Employee Stock Savings Plan (La Gear Inc)

Correcting a Multiple Plan Excess. If a Participant, whose Account is credited with an excess Annual Addition, received allocations to more than one defined contribution plan, the excess shall be corrected by reducing the Annual Addition to ~~this~~ the Plan only after all possible reductions have been made to the other defined contribution plans.

Appears in 7 contracts

Samples: Savings Plan Amendment (New Nisource Inc), Salaried Savings Plan and Trust Agreement (Longview Fibre Co), 401(k) Savings Plan and Trust Agreement (Advo Inc)

Correcting a Multiple Plan Excess. If a Participant, whose Account is credited with an excess Annual Addition, received allocations to more than one defined contribution plan, including the Hourly Plan and/or the Salaried Plan, the excess shall be corrected by reducing the Annual Addition to ~~this~~ the Plan prior to reducing the Annual Addition to the Hourly Plan and/or the Salaried Plan and only after all possible reductions have been made to the other defined contribution plans.

Appears in 1 contract

Samples: 401(k) Plan and Trust Agreement (Longview Fibre Co)

Correcting a Multiple Plan Excess. If a ~~Participant,~~ Participant whose Account is credited with an excess Annual ~~Addition,~~ Addition received allocations to more than one defined contribution plan, the excess shall be corrected by reducing the Annual Addition to this ~~Plan only after all possible reductions have been made to the other defined contribution plans~~Plan.

Appears in 1 contract

Samples: 401(k) Plan and Trust Agreement (Leggett & Platt Inc)

Common use of Correcting a Multiple Plan Excess Clause in Contracts