Definite Integrated Formula. The Employer shall contribute to the Plan based on the following and in accordance with Section 3.04(a) of the Plan. Base Contribution Percentage (BCP) - First an amount equal % (at least 3%) of each Participant's Compensation not in excess of the Integration Level; plus Excess Contribution Percentage - An amount equal to % (at least 3% but not to exceed the BCP by more than the lesser of (a) the BCP, or
Appears in 3 contracts
Samples: Simplified Employee Plan Agreement, Prototype Simplified Employee Prototype Plan, Prototype Simplified Employee Prototype Plan
Definite Integrated Formula. The Employer shall contribute to the Plan based on the following and in accordance with Section 3.04(a) of the Plan. Base Contribution Percentage (BCP) - First an amount equal to % (at least 3%) of each Participant's Compensation not in excess of the Integration Level; plus Excess Contribution Percentage - An amount equal to % (at least 3% but not to exceed the BCP by more than the lesser of (a) the BCP, orof
Appears in 1 contract