Employer Discretionary Contributions Sample Clauses
Employer Discretionary Contributions. 22 4.4 401(k) Cash or Deferred Arrangements ("CODA")/Thrift Contributions . . . . . . . . . . . . . . . . . . . . . . 25 4.5 Maximum Amount of Elective Deferrals. . . . . . . . . . . 28 4.6
Employer Discretionary Contributions. The following provisions shall apply if the Employer has elected in the Adoption Agreement to make Employer Discretionary Contributions.
Employer Discretionary Contributions. The Employer reserves the right to make discretionary contributions to some or all Participants’ Accounts in such amount and in such manner as may be determined by the Employer. Such Employer Discretionary Contribution, at the option of the Employer, in accounts established by the Administrator. The Employer, in its sole discretion, may determine which account will be credited with each Employer Discretionary Contribution. In the event the Employer does not designate which Participant account shall be credited, such Employer Discretionary Contributions shall be credited to the Participant’s Retirement account. Employer Discretionary Contributions, if any, shall be credited to a Participant’s Account, and if applicable transferred to the Trust, at such time as the Employer shall determine.
Employer Discretionary Contributions. For each Plan Year, the Employer may contribute to the Trust, as an Employer Discretionary Contribution, an additional amount as determined in its discretion.
Employer Discretionary Contributions. The Employer may make Employer Discretionary Contributions to the Account on a Participant’s behalf if allowed by the Custodian, and pursuant to the terms of the Plan.
Employer Discretionary Contributions. 3.1 Employer discretionary contributions will be allocated in the following manner:
(a) Nonintegrated Allocation Formula. If a nonintegrated formula is specified in the Adoption Agreement, the allocation will be made to the Participant’s SEP-XXX in the same ratio that the Participant’s Compensation bears to all Participants’ Compensation for that year. The amount allocated to each Participant’s SEP-XXX will be limited to the lesser of 25% of the Participant’s Compensation or $40,000, as adjusted under Code Section 415(d). For purposes of the 25% limit described in the preceding sentence, a Participant’s Compensation does not include any elective deferral described in Code Section 402(g)(3) or any amount that is contributed by the Employer at the election of the Participant and that is not includible in the gross income of the Participant under Code Sections 125, 132(f)(4) or 457.
Employer Discretionary Contributions. Contributions made to the Plan by the Employer pursuant to Section 3.4.
Employer Discretionary Contributions. The Employer Discretionary Contributions and Rate of Return thereon shall be vested as set forth in the special Participation Agreement.
Employer Discretionary Contributions. (May not exceed 100% of Compensation unless a lower maximum percentage is noted below.) [X] No Discretionary Contributions [--] Discretionary Contributions as determined each year by the Employer using the following Allocation Formula: [--] Pro-Rata Based on Compensation Each Participant is credited with a portion of the Employer Contribution for the Plan Year equal to the ratio that the Participant’s Compensation for the Plan Year bears to all Participants’ Compensation for the Plan Year [--] Fixed Dollar Formula Each Participant shall be credited with an equal dollar amount [--] Discretionary Contributions allocated based on Points [--] Other Formula for Discretionary Contributions (See Additional Provisions Addendum) Discretionary Contributions shall be made: [--] On a payroll basis [--] On a monthly [--] On a quarterly basis [--] On an annual basis [--] Other remittance period for Discretionary Contributions: (must be at least annual)
Employer Discretionary Contributions. The Employer may make Discretionary Contributions to the Participant's Account. Discretionary Contributions shall be credited at such times and in such amounts as the Administrative Committee in its sole discretion shall determine. The amount of the Discretionary Contributions shall be evident in a special Participation Agreement approved by the Administrative Committee.