Definition of Benefit Factor. A Participant's Benefit Factor is his/her Compensation for the Plan Year multiplied by the Participant's Actuarial Factor.
Appears in 3 contracts
Samples: Defined Contribution Prototype Plan and Trust Agreement (Bob Evans Farms Inc), 401(k) Profit Sharing Plan (Nci Building Systems Inc), Defined Contribution Prototype and Volume Submitter Plan (Finisar Corp)
Definition of Benefit Factor. A Participant's ’s Benefit Factor is his/her Compensation for the Plan Year multiplied by the Participant's ’s Actuarial Factor.
Appears in 1 contract
