FORFEITURE ALLOCATION. Choose the method of allocating (dividing up) forfeitures of terminated non-vested participant balances. Option (a) allocates forfeitures as an extra discretionary contribution. Option (b) allocates forfeitures to reduce employer contributions. Option (c) allows you to allocate forfeitures to reduce the plan's administrative expense.
Appears in 12 contracts
Samples: Adoption Agreement (Invesco Capital Appreciation Funds Inc), Adoption Agreement (Invesco Tax Free Income Funds Inc), Adoption Agreement (Invesco Emerging Opportunity Funds Inc)
FORFEITURE ALLOCATION. Choose the method of allocating (dividing up) forfeitures of terminated non-vested participant balances. Option (a) allocates forfeitures as an extra discretionary contributionto reduce employer contributions. Option (b) allocates forfeitures to reduce increase employer contributions. Option (c) allows you to allocate forfeitures to reduce the plan's administrative expenseallocations.
Appears in 8 contracts
Samples: Adoption Agreement (Invesco Emerging Opportunity Funds Inc), Adoption Agreement (Invesco International Funds Inc), Adoption Agreement (Invesco Specialty Funds Inc)
FORFEITURE ALLOCATION. Choose the method of allocating (dividing up) forfeitures of terminated non-vested participant balances. Option (a) allocates forfeitures as an extra discretionary contribution. Option (b) allocates forfeitures to reduce employer contributions. Option (c) allows you to allocate forfeitures to reduce the plan's administrative expense.Option
Appears in 2 contracts
Samples: Adoption Agreement (Invesco International Funds Inc), Adoption Agreement (Invesco Growth Fund Inc /Co/)
FORFEITURE ALLOCATION. Choose the method of allocating (dividing up) forfeitures of terminated non-vested participant balances. Option (a) allocates forfeitures as an extra discretionary contributiona reduction in contributions. Option (b) allocates forfeitures to reduce as an additional employer contributions. Option (c) allows you to allocate forfeitures to reduce the plan's administrative expensecontribution.
Appears in 2 contracts
Samples: Adoption Agreement (Invesco Income Funds Inc), Adoption Agreement (Invesco International Funds Inc)
FORFEITURE ALLOCATION. Choose the method of allocating (dividing up) forfeitures of terminated non-vested participant balances. Option (a) allocates forfeitures as an extra discretionary contribution. Option (b) allocates forfeitures to reduce employer contributions. Option Options (c) allows and (d) allow you to allocate separately forfeitures from matching contributions. Select from options (e), (f) and (g) to reduce determine how to allocate forfeitures from high paid employee's matching account when the plan's administrative expensematching non-discrimination test is not satisfied.
Appears in 2 contracts
Samples: Adoption Agreement (Invesco International Funds Inc), Nonstandardized 401(k) Plan Adoption Agreement (Invesco Value Trust)
