Fixed match Sample Clauses

Fixed match. The Employer in its Adoption Agreement may elect to make a Fixed Matching Contribution to the Plan under one or more formulas.
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Fixed match. To the extent the Employer makes matching contributions under a fixed matching contribution formula set forth in the Employer's Adoption Agreement, the Plan Administrator will allocate the matching contribution to the Account of the Participant on whose behalf the Employer makes that contribution. A fixed matching contribution formula is a formula under which the Employer contributes a specified percentage or dollar amount on behalf of a Participant based on that Participant's deferral contributions or Employee contributions eligible for a match. The Employer may contribute on a Participant's behalf under a specific matching contribution formula only if the Participant satisfies the allocation conditions for matching contributions, if any, the Employer elects in Adoption Agreement Section 3.06. The Employer in its Adoption Agreement may elect whether the Plan Administrator will allocate a fixed matching contribution as a qualified matching contribution or as a regular matching contribution.
Fixed match. To the extent the Employer makes Matching Contributions under a fixed Adoption Agreement formula, the Plan Administrator will allocate the Matching Contribution to the Account of the Participant on whose behalf the Employer makes that contribution. A fixed Matching Contribution formula is a formula under which the Employer contributes a specified percentage or dollar amount on behalf of a Participant based on that Participant's Salary Reduction Contributions.
Fixed match. The Employer will make a Matching Contribution for each Participant equal to:  (1) 100 % of Eligible Contributions made for each period designated in AA §6A-5 below.  (2) $ for each period designated in AA §6A-5 below.
Fixed match. The Employer will make a Matching Contribution for each Participant equal to:  (1) % of Eligible Contributions made for each period designated in AA §6B-5 below.  (2) $ for each period designated in AA §6B-5 below.  (3) % of Eligible Contributions made for each period designated in AA §6B-5 below. However, to receive the Matching Contribution for a given period, a Participant must contribute Eligible Contributions equal to at least % of Plan Compensation for such period.  (4) $ for each period designated in AA §6B-5 below. However, to receive the Matching Contribution for a given period, a Participant must contribute Eligible Contributions equal to at least % of Plan Compensation for such period.  (c) Outside agreements, contracts or arrangements.
Fixed match. The Employer will make a Matching Contribution for each Participant equal to: (1) 60 % of Eligible Contributions made for each period designated in AA §6B-5 below. ¨ (2) $ for each period designated in AA §6B-5 below. ¨ (3) % of Eligible Contributions made for each period designated in AA §6B-5 below. However, to receive the Matching Contribution for a given period, a Participant must contribute Eligible Contributions equal to at least % of Plan Compensation for such period. ¨ (4) $ for each period designated in AA §6B-5 below. However, to receive the Matching Contribution for a given period, a Participant must contribute Eligible Contributions equal to at least % of Plan Compensation for such period. ¨ (c) Tiered match. The Employer will make a Matching Contribution to all Participants based on the following tiers of Eligible Contributions. ¨ (1) Tiers as percentage of Plan Compensation. Eligible Contributions FixedMatch % Discretionary Match ¨ (i) Up to % of Plan Compensation % ¨ ¨ (ii) From % up to % of Plan Compensation % ¨ ¨ (iii) From % up to % of Plan Compensation % ¨ ¨ (iv) From % up to % of Plan Compensation % ¨ ¬ (2)Tiers as dollar amounts. Eligible Contributions FixedMatch Discretionary Match ¨ (i) Up to $ % ¨ ¨ (ii) From $ up to $ % ¨ ¨ (iii) From $ up to $ % ¨ ¨ (iv) Above $ % ¨ [Note: If the Plan is designed to satisfy the ACP safe harbor with respect to the Matching Contributions, the rate of Matching Contribution may not increase as the rate of Eligible Contributions increases.]
Fixed match. The Employer will make a Matching Contribution for each Participant equal to:  (1) % of Salary Deferrals made for each period designated in AA §6B-5 below.  (2) $ for each period designated in AA §6B-5 below.  (3) % of Salary Deferrals made for each period designated in AA §6B-5 below. However, to receive the matching contribution for a given period, a Participant must contribute Salary Deferrals equal to at least  (4) $ for each period designated in AA §6B-5 below. However, to receive the matching contribution for a given period, a Participant must contribute Salary Deferrals equal to at least % of Plan Compensation for such period.  (c) Tiered match. The Employer will make a Matching Contribution to all Participants based on the following tiers of Salary Deferrals.  (1) Salary Deferrals up to first % or $ %  (2) Salary Deferrals up to % or $ %  (3) Salary Deferrals up to % or $ %  (4) Salary Deferrals up to % or $ % Sample Document [Note: All tiers must be based on percentages or dollar amounts (but not both). If the Plan is designed to satisfy the ACP safe harbor with respect to the Matching Contributions, the rate of Matching Contribution may not increase as the rate of Salary Deferrals increase.]  (d) Discretionary tiered match. The Employer will make a discretionary Matching Contribution to all Participants based on the following tiers of Salary Deferrals. The Employer may determine the amount of Matching Contribution to be made with respect to each tier of Salary Deferrals. Salary Deferrals (% of Plan Compensation or dollar amount)  (1) Salary Deferrals up to first % or $  (2) Salary Deferrals up to % or $  (3) Salary Deferrals up to % or $  (4) Salary Deferrals up to % or $ [Note: All tiers must be based on percentages or dollar amounts (but not both). If the Plan is designed to satisfy the ACP safe harbor with respect to the Matching Contributions, the rate of Matching Contribution may not increase as the rate of Salary Deferrals increase.]
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Fixed match. The Employer will make a Matching Contribution for each Participant equal to: 🗹 (1) 100 % of Eligible Contributions made for each period designated in AA §6B-5 below. 🞎 (2) $ for each period designated in AA §6B-5 below. 🞎 (3) % of Eligible Contributions made for each period designated in AA §6B-5 below. However, to receive the Matching Contribution for a given period, a Participant must contribute Eligible Contributions equal to at least % of Plan Compensation for such period. 🞎 (4) $ for each period designated in AA §6B-5 below. However, to receive the Matching Contribution for a given period, a Participant must contribute Eligible Contributions equal to at least % of Plan Compensation for such period. 🞎 (c) Outside agreements, contracts or arrangements. 🞎 (1) The Matching Contribution will be determined in accordance with any Collective Bargaining Agreement(s) addressing retirement benefits of Collectively Bargained Employees under the Plan.
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