Common use of Employer Eligibility Failure Clause in Contracts

Employer Eligibility Failure. The term “Employer Eligibility Failure” means the adoption of a plan intended to include a qualified cash or deferred arrangement and satisfy the requirements of § 401(a) or §403(a) by an employer that fails to meet the employer eligibility requirements to establish a § 401(k) plan. An Employer Eligibility Failure is not a Plan Document, Operational, or Demographic Failure.

Appears in 4 contracts

Samples: Revenue Procedure, Revenue Procedure, Revenue Procedure

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Employer Eligibility Failure. The term “Employer Eligibility Failure” means the adoption of a plan intended to include a qualified cash or deferred arrangement and satisfy the requirements of under § 401(a) or §403(a401(k) by an employer that fails to meet the employer eligibility requirements to establish a § 401(k) plan. An Employer Eligibility Failure is not a Plan Document, Operational, or Demographic Failure.

Appears in 4 contracts

Samples: Revenue Procedure, Revenue Procedure, Closing Agreements

Employer Eligibility Failure. The term “Employer Eligibility Failure” means the adoption of a plan intended to include a qualified cash or deferred arrangement and satisfy the requirements of § 401(a) or §403(a□ 408(k) by an employer that fails to meet the employer eligibility requirements to establish a § 401(k) or □ 408(k) plan. An Employer Eligibility Failure is not a Plan Document, Operational, or Demographic Failure.

Appears in 2 contracts

Samples: Revenue Procedure, Revenue Procedure

Employer Eligibility Failure. The term “Employer Eligibility Failure” means the adoption of a plan intended to include a qualified cash or deferred arrangement and (as defined in regulations under □ 401(k)) intended to satisfy the requirements of § 401(a□ 401(k) for one or §403(amore years between 1987 and 1996 (inclusive) by an employer that fails to meet the employer eligibility requirements to establish was a § tax-exempt organization prohibited from adopting a □ 401(k) planplan during that period. An Employer Eligibility Failure is not a Plan Document, Operational, or Demographic Failure.

Appears in 2 contracts

Samples: Revenue Procedure, Revenue Procedure

Employer Eligibility Failure. The term “Employer Eligibility Failure” means the adoption of a plan intended to include a qualified cash or deferred arrangement and satisfy the requirements of § 401(a) or §403(a) by an employer that fails to meet the employer eligibility requirements to establish a § 401(k) plan. An Employer Eligibility Failure is not a Plan Document, Operational, or Demographic Failure.

Appears in 2 contracts

Samples: Revenue Procedure, Revenue Procedure

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Employer Eligibility Failure. The term “Employer Eligibility Failure” means the adoption of a plan intended to include a qualified cash or deferred arrangement and satisfy the requirements of § 401(a) or §403(a§ 408(k) by an employer that fails to meet the employer eligibility requirements to establish a § 401(k) or § 408(k) plan. An Employer Eligibility Failure is not a Plan Document, Operational, or Demographic Failure.

Appears in 1 contract

Samples: Revenue Procedure

Employer Eligibility Failure. The term “Employer Eligibility Failure” means the adoption of a plan intended to include a qualified cash or deferred arrangement and satisfy the requirements of § 401(a) or §403(a 408(k) by an employer that fails to meet the employer eligibility requirements to establish a § 401(k) or  408(k) plan. An Employer Eligibility Failure is not a Plan Document, Operational, or Demographic Failure.

Appears in 1 contract

Samples: Revenue Procedure

Employer Eligibility Failure. The term “Employer Eligibility Failure” means the adoption of a plan intended to include a qualified cash or deferred arrangement and satisfy the requirements of § 401(a) or §403(a401(a)or § 408(k) by an employer that fails to meet the employer eligibility requirements to establish a § 401(k401(k)or § 408(k) plan. An Employer Eligibility Failure is not a Plan Document, Operational, or Demographic Failure.

Appears in 1 contract

Samples: Revenue Procedure

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