Excess Contributions. With respect to any Plan Year, the excess of: (a) the aggregate amount of Employer contributions actually taken into account in computing the ADP of Highly Compensated Employees for such Plan Year, over (b) the maximum amount of such contributions permitted by the ADP Test (determined by hypothetically reducing contributions made on behalf of Highly Compensated Employees in order of the ADPs, beginning with the highest of such percentages).
Appears in 8 contracts
Samples: Defined Contribution Plan, Defined Contribution Plan, Defined Contribution Plan (1st Constitution Bancorp)
Excess Contributions. With respect to any Plan Year, the excess of:
(a) : the aggregate amount of Employer contributions actually taken into account in computing the ADP of Highly Compensated Employees for such Plan Year, over
(b) the maximum amount of such contributions permitted by the ADP Test (determined by hypothetically reducing contributions made on behalf of Highly Compensated Employees in order of the ADPs, beginning with the highest of such percentages).
Appears in 2 contracts
Samples: Defined Contribution Plan (ASB Bancorp Inc), Defined Contribution Plan (Fraternity Community Bancorp Inc)
Excess Contributions. With respect to any Plan Year, the excess of:
(a) the The aggregate amount of Employer contributions actually taken into account in computing the ADP of Highly Compensated Employees for such Plan Year, over
(b) the The maximum amount of such contributions permitted by the ADP Test test (determined by hypothetically reducing contributions made on behalf of Highly Compensated Employees in order of the ADPs, beginning with the highest of such percentages).
Appears in 2 contracts
Samples: 401(k) Plan and Trust Agreement (Hastings Entertainment Inc), 401(k) Plan and Trust Agreement (Hastings Entertainment Inc)
Excess Contributions. With respect to For any Plan Year, the excess of:
(a) the aggregate 1. The total amount of Employer contributions actually Contributions taken into account in computing the ADP of Highly Compensated Employees for such that Plan Year, overless
(b) the 2. The maximum amount of such contributions Employer Contributions permitted by the ADP Test test for that Plan Year (determined by hypothetically reducing contributions made on behalf of Highly Compensated Employees in order of the ADPs, beginning with the Highly Compensated Employee with the highest of such percentagesADP).
Appears in 1 contract
Samples: Plan Document and Trust Agreement (Stonepath Group Inc)
Excess Contributions. With respect to any Plan Year, the excess of:
(a) 1. the aggregate amount of Employer contributions actually taken into account in computing the ADP of Highly Compensated Employees for such Plan Year, over
(b) the maximum amount of such contributions permitted by the ADP Test (determined by hypothetically reducing contributions made on behalf of Highly Compensated Employees in order of the ADPs, beginning with the highest of such percentages).
Appears in 1 contract
Samples: Defined Contribution Plan (Wellesley Bancorp, Inc.)
