Common use of Group method Clause in Contracts

Group method. The Employer will contribute % (not more than 25%) of total Plan Compensation of all Participants who satisfy the allocation conditions under AA §6-5 below. The Employer Contribution will be allocated under the two-step method (as defined in Section 3.02(a)(1)(i)(B)(I) of the Plan). 🞎 (3) Modification of permitted disparity rules.

Appears in 2 contracts

Samples: Nonstandardized Governmental Money Purchase Plan Adoption Agreement, Pension Plan Adoption Agreement

AutoNDA by SimpleDocs

Group method. The Employer will contribute % (not more than 25%) of total Plan Compensation of all Participants who satisfy the allocation conditions under AA §6-5 below. The Employer Contribution will be allocated under the two-step method (as defined in Section 3.02(a)(1)(i)(B)(I) of the Plan). 🞎 (3) Modification of permitted disparity rules.

Appears in 1 contract

Samples: Pension Plan Adoption Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!