MANNER OF ALLOCATION. Allocation of Qualified Nonelective Contributions shall be made (check one): (a) In the ratio which each affected Participant's Compensation for the Plan Year bears to the total Compensation of all affected Participants for such Plan Year. (b) In the ratio which each affected Participant's Compensation not in excess of [$ ] for the Plan Year bears to the total Compensation of all affected Participants not in excess of [$ ] for such Plan Year. [ X ] (c) N/A (Qualified Nonelective Contributions not permitted).
Appears in 3 contracts
Samples: Adoption Agreement (RBB Fund Inc), Defined Contribution Plan and Trust Agreement (Trust for Federal Securities), Defined Contribution Plan (Profit Sharing or Profit Sharing 401(k)) (Temporary Investment Fund Inc)
MANNER OF ALLOCATION. Allocation of Qualified Nonelective Contributions shall be made (check one):
(a) In the ratio which each affected Participant's Compensation for the Plan Year bears to the total Compensation of all affected Participants for such Plan Year.
(b) In the ratio which each affected Participant's Compensation not in excess of [$ ] for the Plan Year bears to the total Compensation of all affected Participants not in excess of [$ ] for such Plan Year. [ X [X] (c) N/A (Qualified Nonelective Contributions not permitted).
Appears in 1 contract
Samples: Defined Contribution Plan Adoption Agreement (Chestnut Street Exchange Fund)
