Common use of Forfeitures of Excess Aggregate Clause in Contracts

Forfeitures of Excess Aggregate. Contributions may either be reallocated to the accounts of non-Highly Compensated Employees or applied to reduce Employer contributions, as elected by the employer in the Adoption Agreement.

Appears in 5 contracts

Samples: 401(k) Plan Document (East West Bancorp Inc), Defined Contribution Plan and Trust (First Keystone Corp), Adoption Agreement (Professionals Insurance Co Management Group)

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Forfeitures of Excess Aggregate. Contributions may either be reallocated to the accounts of non-non Highly Compensated Employees or applied to reduce Employer contributions, as elected by the employer in the Adoption Agreement.

Appears in 2 contracts

Samples: Adoption Agreement (Oregon Trail Financial Corp), Profit Sharing Plan (First Keystone Corp)

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