Loan Limitations. Note: the separate loan program required by the DOL will override any inconsistent selections made below. (complete only if loans to Participants are permitted) a. [ ] N/A. No loan limitations selected below. b. [ ] Limitations (select all that apply): 1. [ ] Loans will be treated as Participant directed investments.
Appears in 9 contracts
Samples: Adoption Agreement, Adoption Agreement, Adoption Agreement
Loan Limitations. Note: the separate loan program required by the DOL will override any inconsistent selections made below. (complete only if loans to Participants are permitted)
a. [ ] N/A. No loan limitations selected below.
b. [ [X] Limitations (select all that one or more; leave blank if none apply):
1. [ [X] Loans will be treated as Participant directed investments.
2. [ ] Loans will only be made for hardship or financial necessity as defined below (select a. or b.)
a. [ ] hardship reasons specified in Plan Section 12.10
b. [ ] other: (specify financial necessity)
Appears in 4 contracts
Samples: Multiple Employer Participation Agreement, Multiple Employer Participation Agreement, Multiple Employer Participation Agreement
Loan Limitations. Note: the separate loan program required by the DOL will override any inconsistent selections made below. (complete applies only if loans to Participants are permitted)
a. [ ] N/A. No loan limitations selected below.
b. [ ] Limitations (select all that apply):
1. [ ] Loans will be treated as Participant directed investments.
Appears in 2 contracts
Samples: Adoption Agreement, Adoption Agreement
Loan Limitations. Note: the separate loan program required by the DOL will override any inconsistent selections made below. (complete only if loans to Participants are permitted)
a. [ ] N/A. No loan limitations selected below.
b. [ ] Limitations (select all that apply):
1. [ ] Loans will be treated as Participant directed investments.
Appears in 1 contract
Samples: Adoption Agreement
Loan Limitations. Note: the separate loan program required by the DOL will override any inconsistent selections made below. (complete only if loans to Participants are permitted)
a. [ ] N/A. No loan limitations selected below.
b. [ ] Limitations (select all that one or more; leave blank if none apply):
1. [ ] Loans will be treated as Participant directed investments.
2. [ ] Loans will only be made for hardship or financial necessity as defined below (select a. or b.)
a. [ ] hardship reasons specified in Plan Section 12.10
b. [ ] other: (specify financial necessity)
Appears in 1 contract
Samples: Adoption Agreement
Loan Limitations. Note: the separate loan program required by the DOL will override any inconsistent selections made below. (complete only if loans to Participants are permitted)
a. [ ] N/A. No loan limitations selected below.
b. a. [ ] Limitations (select all that one or more; leave blank if none apply):
1. [ ] Loans will be treated as Participant directed investments.
2. [ ] Loans will only be made for hardship or financial necessity as defined below (select a. or b.) a. [ ] hardship reasons specified in Plan Section 12.10
b. [ ] other: (specify financial necessity)
Appears in 1 contract
Samples: Adoption Agreement for Volume Submitter 401(k) Profit Sharing Plan
Loan Limitations. Note: the separate loan program required by the DOL will override any inconsistent selections made below. (complete only if loans to Participants are permitted)
a. [ ] N/A. No loan limitations selected below.
b. [ ] Limitations (select all that one or more; leave blank if none apply):
1. [ ] Loans will be treated as Participant directed investments.
2. [ ] Loans will only be made for hardship or financial necessity as defined below (select a. or b.) a. [ ] hardship reasons specified in Plan Section 12.10
b. [ ] other: (specify financial necessity)
Appears in 1 contract
Samples: Adoption Agreement
