Excess Elective Deferrals. Those Elective Deferrals that are includible in a Participant's gross income under Code Section 402(g) to the extent such Participant's Elective Deferrals for a taxable year exceed the dollar limitation under such Code Section. Excess Elective Deferrals shall be treated as Annual Additions under the Plan, unless such amounts are distributed no later than the first April 15 following the close of the Participant's taxable year.
Appears in 3 contracts
Samples: 401(k) Plan Document (East West Bancorp Inc), Adoption Agreement (Shared Technologies Cellular Inc), Non Standardized Adoption Agreement (Princeton Review Inc)
Excess Elective Deferrals. Those Elective Deferrals that are includible in a Participant's gross income under Code Section 402(g) to the extent such Participant's Elective Deferrals for a taxable year exceed the dollar limitation under such Code SectionSection 402(g). Excess Elective Deferrals shall be treated as Annual Additions under the Plan, unless such amounts are distributed no later than the first April 15 following the close of the Participant's taxable year.
Appears in 3 contracts
Samples: 401(k) Defined Contribution Plan (Measurement Specialties Inc), Defined Contribution Plan (Spheris Leasing LLC), Nonstandardized Adoption Agreement (Felcor Lodging Trust Inc)
Excess Elective Deferrals. Those Elective Deferrals that are includible in a Participant's ’s gross income under Code Section 402(g) to the extent such Participant's ’s Elective Deferrals for a taxable year exceed the dollar limitation under such Code SectionSection 402(g). Excess Elective Deferrals shall be treated as Annual Additions under the Plan, unless such amounts are distributed no later than the first April 15 following the close of the Participant's ’s taxable year.
Appears in 3 contracts
Samples: Defined Contribution Plan (United Community Bancorp), Defined Contribution Plan (Century Bancorp Inc), Defined Contribution Plan (FNB United Corp.)
Excess Elective Deferrals. Those Elective Deferrals that are includible in a Participant's gross income under Code Section 402(g) of the Code to the extent such Participant's Elective Deferrals for a taxable year exceed the dollar limitation under such Code Sectionsection. Excess Elective Deferrals shall be treated as Annual Additions annual additions under the Plan, unless such amounts are distributed no later than the first April 15 following the close of the Participant's taxable year.
Appears in 2 contracts
Samples: 401(k) Plan and Trust Agreement (Hastings Entertainment Inc), 401(k) Plan and Trust Agreement (Hastings Entertainment Inc)
Excess Elective Deferrals. Those Elective Deferrals that are includible in a Participant's gross income under Code Section 402(g) to the extent such Participant's Elective Deferrals for a taxable year exceed the dollar limitation under such Code Section. Excess Elective Deferrals shall be treated as Annual Additions under the Plan, unless such amounts are distributed no later than the first April 15 15th following the close of the Participant's taxable year.
Appears in 2 contracts
Samples: Adoption Agreement (Professionals Insurance Co Management Group), 401(k) Plan Document (Inventa Technologies Inc)
Excess Elective Deferrals. Those Elective Deferrals that are includible includable in a Participant's gross income under Code Section 402(g) to the extent such Participant's Elective Deferrals for a taxable year exceed the dollar limitation under such Code Section. Excess Elective Deferrals shall be treated as Annual Additions under the Plan, unless such amounts are distributed no later than the first April 15 following the close of the Participant's taxable year.
Appears in 2 contracts
Samples: Profit Sharing Plan (First Keystone Corp), Defined Contribution Plan and Trust (First Keystone Corp)
Excess Elective Deferrals. Those Elective Deferrals that are includible in a Participant's gross income under Code Section section 402(g) of the Code to the extent such Participant's Elective Deferrals for a taxable year exceed the dollar limitation under such Code Sectionsection. Excess Elective Deferrals shall be treated as Annual Additions under the Plan, unless such amounts are distributed no later than the first April 15 following the close of the Participant's taxable yearyear in which such Excess Elective Deferrals arose.
Appears in 1 contract
