Limitation on Compensation. For Plan Years beginning after January 1, 1994, only the first $150,000 (or such other amount as may be prescribed by the Secretary of the Treasury or his or her delegate) of a Participant's Compensation for the Plan Year shall be taken into account for purposes of allocating Employer Contributions under this Article XXIII.
Appears in 3 contracts
Samples: Prototype 401(k) Plan (United States Lime & Minerals Inc), Prototype 401(k) Plan (Associated Estates Realty Corp), 401(k) Plan Adoption Agreement (United States Lime & Minerals Inc)
Limitation on Compensation. For Plan Years beginning after January -------------------------- 1, 1994, only the first $150,000 (or such other amount as may be prescribed by the Secretary of the Treasury or his or her delegate) of a Participant's Compensation for the Plan Year shall be taken into account for purposes of allocating Employer Contributions under this Article XXIII.
Appears in 1 contract
Samples: 401(k) Plan Adoption Agreement (Chandler Insurance Co LTD)
