Elective Deferrals (Plan Section Clause Samples

Elective Deferrals (Plan Section. 5.2). Your Plan will allow employees to elect pre-tax contributions under Section 401(k) of the Code. You must complete this part A. (1) A Participant may make Elective Deferrals for each year in an amount not to exceed (check one): ý (a) 15% of his Earnings o (b) % of his Earnings not to exceed $ (specify a dollar amount)