Defined Contribution Dollar Limitation. Thirty thousand dollars ($30,000) as adjusted by the Secretary of the Treasury for increases in the cost-of-living. This limitation shall be adjusted by the Secretary at the same time and in the same manner as under Code Section 415(d). Such increases will be in multiples of five thousand dollars ($5,000).
Appears in 8 contracts
Samples: Nonstandardized Adoption Agreement (Chicopee Bancorp, Inc.), Prototype Defined Contribution Plan (Georgetown Bancorp, Inc.), Prototype Defined Contribution Plan (FNB United Corp.)
Defined Contribution Dollar Limitation. Thirty This limit is forty thousand dollars ($30,00040,000) as adjusted by the Secretary of the Treasury for increases in the cost-of-living. This limitation shall be adjusted by the Secretary at the same time and in the same manner as under Code Section 415(d). Such increases will be in multiples of five one thousand dollars ($5,0001,000).
Appears in 6 contracts
Samples: Prototype Defined Contribution Plan (Wellesley Bancorp, Inc.), Prototype Defined Contribution Plan (Savannah Bancorp Inc), Prototype Defined Contribution Plan (Fraternity Community Bancorp Inc)
Defined Contribution Dollar Limitation. Thirty Effective for Limitation Years beginning on or after January 1, 2009, this limit is forty nine thousand dollars ($30,00049,000) as adjusted by the Secretary of the Treasury for increases in the cost-of-living. This limitation shall be adjusted by the Secretary at the same time and in the same manner as under Code Section 415(d). Such increases will be in multiples of five one thousand dollars ($5,0001,000).
Appears in 2 contracts
Samples: Participation Agreement (Sterling Chemicals Inc), Sterling Chemicals Inc
Defined Contribution Dollar Limitation. Thirty This limit is forty thousand dollars ($30,00040,000) as adjusted by the Secretary of the Treasury for increases in the cost-of-living. This limitation shall be adjusted by the Secretary at the same time and in the same manner as under Code Section 415(d). Such increases will be in multiples of five thousand dollars ($5,000).
Appears in 1 contract
Samples: Prototype Defined Contribution Plan (1st Constitution Bancorp)
