Excess Aggregate Contribution. The ADP and ACP of the Highly Compensated Employees are determined after any corrections required to meet the ADP and ACP tests. Multiple use does not occur if either the ADP or ACP of the Highly Compensated Employees does not exceed 1.25 multiplied by the ADP and ACP of the Non-highly Compensated Employees.
Appears in 11 contracts
Samples: Profit Sharing/401(k) Plan (Lexington Precision Corp), Profit Sharing/401(k) Plan (Impac Group Inc /De/), Corporate Plan for Retirement 100 Sm the Profit Sharing/401(k) Plan (Acadia Pharmaceuticals Inc)
Excess Aggregate Contribution. The ADP and ACP of the Highly Compensated Employees are determined after any corrections required to meet the ADP and ACP tests. Multiple use does not occur if either both the ADP or and ACP of the Highly Compensated Employees does not exceed 1.25 multiplied by the ADP and ACP of the Nonnon-highly Highly Compensated Employees.
Appears in 6 contracts
Samples: Non Standardized Adoption Agreement (Princeton Review Inc), 401(k) Plan Document (Berkshire Hills Bancorp Inc), Adoption Agreement (Westfield Financial Inc)
Excess Aggregate Contribution. The ADP and ACP of the Highly Compensated Employees are determined after any corrections required to meet the ADP and ACP tests. Multiple use does not occur if either the ADP or ACP of the Highly Compensated Employees does not exceed 1.25 multiplied by the ADP and ACP of the Non-highly Highly Compensated Employees.
Appears in 2 contracts
Samples: Profit Sharing / 401(k) Plan (Celadon Group Inc), 401(k) Plan and Trust Agreement (Hastings Entertainment Inc)
Excess Aggregate Contribution. The ADP and ACP of the Highly Compensated Employees are determined after any corrections required to meet the ADP and ACP tests. Multiple use does not occur if either both the ADP or and ACP of the Highly Compensated Employees does not exceed 1.25 multiplied by the ADP and ACP of the Non-highly Compensated Employees.
Appears in 2 contracts
Samples: 401(k) Salary Reduction Adoption Agreement (PCB Holding Co), Tax Sheltered Custodial Account Agreement (New England Funds Trust I)
Excess Aggregate Contribution. The ADP and ACP of the Highly Compensated Employees are determined after any corrections required to meet the ADP and ACP teststests and are deemed to be the maximum permitted under such tests for the Plan Year. Multiple use of the aggregate limit does not occur if either the ADP or and ACP of the Highly Compensated Employees does not exceed 1.25 multiplied by the ADP and ACP of the Non-highly Highly Compensated Employees.
Appears in 2 contracts
Samples: Defined Contribution Plan (Thomasville Bancshares Inc), Nonstandardized Adoption Agreement (Banctrust Financial Group Inc)
Excess Aggregate Contribution. The ADP and ACP of the Highly Compensated Employees are determined after any corrections required to meet the ADP and ACP tests. Multiple use does not occur if either both the ADP or and ACP of the Highly Compensated Employees does not exceed 1.25 multiplied by the ADP and ACP of the Non-highly Nonhighly Compensated Employees.
Appears in 1 contract
Samples: Defined Contribution Plan and Trust (Trimedyne Inc)
Excess Aggregate Contribution. The ADP and ACP of the Highly Compensated Employees are determined after any corrections required to meet the ADP and ACP tests. Multiple use does not occur if either both the ADP or and ACP of the Highly Compensated Employees does not exceed 1.25 multiplied by the ADP and ACP of the Non-highly Highly Compensated Employees.
Appears in 1 contract
Excess Aggregate Contribution. The ADP and ACP of the Highly Compensated Employees are determined after any corrections required to meet the ADP and ACP tests. Multiple use does not occur if either the ADP or ACP of the Highly Compensated Employees does not exceed 1.25 multiplied by the ADP and ACP of the Non-highly Compensated Employees.This
Appears in 1 contract
Samples: 401(k) Plan Adoption Agreement (Biomune Systems Inc)
Excess Aggregate Contribution. The ADP and ACP of the Highly Compensated Employees are determined after any corrections correction required to meet the ADP and ACP tests. Multiple use does not occur if either both the ADP or and ACP of the Highly Compensated Employees does not exceed 1.25 multiplied by the ADP and ACP of the Non-highly Highly Compensated Employees.
Appears in 1 contract
Samples: Individual Retirement Account Custodial Agreement (Rushmore Fund Inc)
Excess Aggregate Contribution. The ADP and ACP of the Highly Compensated Employees are determined after any corrections required to meet the ADP and ACP tests. Multiple use does , The Aggregate Limit will not occur apply if either the ADP or ACP of the Highly Compensated Employees does not exceed 1.25 multiplied by the ADP and ACP of the Non-highly Participants who are not Highly Compensated Employees.
Appears in 1 contract
Samples: 401(k) Profit Sharing Adoption Agreement (Kevco Inc)
Excess Aggregate Contribution. The ADP and ACP of the Highly Compensated Employees are determined after any corrections required to meet the ADP and ACP tests. Multiple use does not occur if either the ADP or and ACP of the Highly Compensated Employees does not exceed 1.25 multiplied by the ADP and ACP of the Non-highly Compensated Employees.
Appears in 1 contract
Samples: 401(k) Profit Sharing Plan Adoption Agreement (Priority Healthcare Corp)
Excess Aggregate Contribution. The ADP and ACP of the Highly Compensated Employees are determined after any corrections required to meet the ADP and ACP tests. Multiple use does not occur if either the ADP or ACP of the Highly Compensated Employees does not exceed 1.25 multiplied by the ADP and or ACP of the Non-highly Nonhighly Compensated Employees.
Appears in 1 contract
Excess Aggregate Contribution. The ADP and ACP of the Highly Compensated Employees are determined after any corrections required to meet the ADP and ACP tests. Multiple use does not occur if either both the ADP or and ACP of the Highly Compensated Employees does not exceed 1.25 multiplied by the ADP and ACP of the Non-highly non Highly Compensated Employees.
Appears in 1 contract
Excess Aggregate Contribution. The ADP and ACP of the Highly Compensated Employees are determined after any corrections required to meet the ADP and ACP teststests and are deemed to be the maximum permitted under such tests for the Plan Year. Multiple use does The Aggregate Limit will not occur apply if either the ADP or ACP of the Highly Compensated Employees does not exceed 1.25 multiplied by the ADP and ACP ACP, respectively, of the Non-highly Participants who are not Highly Compensated Employees.
Appears in 1 contract
Samples: Plan Document and Trust Agreement (Stonepath Group Inc)
Excess Aggregate Contribution. The ADP and ACP of the Highly Compensated Employees are determined after any corrections required to meet the ADP and ACP tests. Multiple use does not occur if either the ADP or ACP of the Highly Compensated Employees does not exceed 1.25 multiplied by the ADP and ACP of the Non-highly Non- Highly Compensated Employees.
Appears in 1 contract
Samples: 401(k) Plan and Trust Agreement (Hastings Entertainment Inc)
