Employee After-Tax Contributions. The following additional elections apply to Employee (after-tax) Contributions under Election 6(e) (Choose (a) if applicable.):
Employee After-Tax Contributions. (select all that apply): ¨ (1) Employee After-Tax Contributions are permitted under the Plan and may be made by a Participant in an amount equal to a dollar amount or a percentage of the Participant's Plan Compensation, as specified by the Participant in his or her Employee After-Tax Contribution Election, which may not exceed ___% of hls or her Plan Compensation.
Employee After-Tax Contributions. If the Plan permits Employee After-Tax Contributions, such contributions must satisfy the ACP Test, regardless of whether the Employer Matching Contributions under Plan are deemed to satisfy the ACP Test under this subsection (c). The ACP Test must be performed in accordance with subsection (d) below.
Employee After-Tax Contributions. Employee After-Tax Contributions are contributions made to the Plan by or on behalf of a Participant that is included in the Participant's gross income in the year in which made and that is maintained under a separate Employee After-Tax Contribution Account to which earnings and losses are allocated. Employee After-Tax Contributions may only be made under the Nonstandardized Profit Sharing/401(k) Agreement. See Section 3.1.
Employee After-Tax Contributions. The Employer may elect under Part 4D of the Nonstandardized 401(k) Agreement to allow Eligible Participants to make Employee After-Tax Contributions under the Plan. Employee After-Tax Contributions may only be made under the Nonstandardized 401(k)
Employee After-Tax Contributions. If Employee After-Tax Contributions will not be permitted under the Plan, do not check this selection and skip the remainder of this Part 4D. [Note: The eligibility conditions for making Employee After-Tax Contributions are listed in Part 1 of this Agreement under “§401(k) Deferrals.”] [ ] 25. Maximum. ___ % of Included Compensation for: [ ] a. the entire Plan Year. [ ] b. the portion of the Plan Year during which the Employee is an Eligible Participant. [ ] c. each separate payroll period during which the Employee is an Eligible Participant.
Employee After-Tax Contributions. If more than one item in (a) or (b) is selected above, the Elective Deferral and Employee After-Tax Matching Contributions formula will be applied (select one, if applicable): o (i) concurrently as a separate formula for each feature. o (ii) cumulatively as a single formula for both features.
Employee After-Tax Contributions. The Employer may forward for deposit Employee After-Tax Contributions to the Account on a Participant’s behalf.
Employee After-Tax Contributions. [Plan Sec.
Employee After-Tax Contributions nonetheless remain subject to the Average Contribution Percentage Test of Code § 401(m).]
