Defined Contribution Dollar Limitation. Thirty thousand dollars ($30,000) or, if greater, one-fourth of the defined benefit dollar limitation set forth in Code Section 415(b)(1) as in effect for the Limitation Year.
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Samples: 401(k) Plan Document (East West Bancorp Inc), Non Standardized Adoption Agreement (Princeton Review Inc), Adoption Agreement (Shared Technologies Cellular Inc)
Defined Contribution Dollar Limitation. Thirty thousand dollars ($30,000) or, or if greater, one-one fourth of the defined benefit dollar limitation set forth in Code Section 415(b)(1415(b)(1)(A) as in effect for the Limitation Year.
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Defined Contribution Dollar Limitation. Thirty thousand dollars (This shall mean the greater of $30,000) or, if greater, 30,000 or one-fourth (1/4) of the defined benefit dollar limitation set forth in Code of Section 415(b)(1) as of the Code in effect for the Limitation Yearlimitation year.
Appears in 1 contract
Samples: Employees Profit Sharing Retirement Plan (Continental Materials Corp)