Integrated Allocation Formula. As (1) a percentage of each “eligible” Participant’s Compensation plus (2) a percentage of each “eligible” Participant’s Compensation in excess of the “integration level” as defined below. The percentage of Compensation in excess of the “integration level” shall be equal to the lesser of the percentage of the “eligible” Participant’s Compensation allocated under (1) above or the “permitted disparity limit” as defined below.
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Samples: Defined Contribution Plan (Profit Sharing/401(k) Plan) (Alcoa Inc.), Defined Contribution Plan (Profit Sharing/401(k) Plan) (Alcoa Inc.), Defined Contribution Plan (Profit Sharing/401(k) Plan) (Alcoa Inc.)
Integrated Allocation Formula. As (1A) a percentage of each “eligible” eligible Active Participant’s 's Compensation plus (2B) a percentage of each “eligible” eligible Active Participant’s 's Compensation in excess of the “"integration level” " as defined below. The percentage of Compensation in excess of the “"integration level” " shall be equal to the lesser of the percentage of the “eligible” Active Participant’s 's Compensation allocated under (1A) above or the “"permitted disparity limit” " as defined below.
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Integrated Allocation Formula. As (1) a percentage of each “"eligible” " Participant’s 's Compensation plus (2) a percentage of each “"eligible” " Participant’s 's Compensation in excess of the “"integration level” " as defined below. The percentage of Compensation in excess of the “"integration level” " shall be equal to the lesser of the percentage of the “"eligible” " Participant’s 's Compensation allocated under (1) above or the “"permitted disparity limit” " as defined below.
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Samples: Defined Contribution Plan (Cabot Microelectronics Corp)
Integrated Allocation Formula. As (1A) a percentage of each “eligible” eligible Active Participant’s Compensation plus (2B) a percentage of each “eligible” eligible Active Participant’s Compensation in excess of the “integration level” as defined below. The percentage of Compensation in excess of the “integration level” shall be equal to the lesser of the percentage of the “eligible” Active Participant’s Compensation allocated under (1A) above or the “permitted disparity limit” as defined below.
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