Fifth and later Plan Years. 6% for the fifth Plan Year of the Participant's participation in the QACA and for each subsequent Plan Year. For purposes of this Section 3.02(B)(3)(b), the Plan will treat a Participant who for an entire Plan Year did not have Automatic Deferral contributions made under the QACA as not having made such contributions for any prior Plan Year.
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Samples: Defined Contribution Pre Approved Plan (J&j Snack Foods Corp), Defined Contribution Prototype Plan and Trust Agreement (Bob Evans Farms Inc)
Fifth and later Plan Years. 6% for the fifth Plan Year of the Participant's ’s participation in the QACA and for each subsequent Plan Year. For purposes of this Section 3.02(B)(3)(b), the Plan Administrator will treat a Participant who for an entire Plan Year did not have Automatic Deferral contributions made under the QACA as not having made such contributions for any prior Plan Year.
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Fifth and later Plan Years. 6% for the fifth Plan Year of the Participant's participation in the QACA and for each subsequent Plan Year. For purposes of this Section 3.02(B)(3)(b)the above, the Plan will treat a Participant an Employee who for an entire Plan Year did not have Automatic Deferral contributions made pursuant to a default election under the QACA as not having made such contributions for any prior Plan Year.
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