MATCHING CONTRIBUTION FORMULA. If the Employer will make Matching Contributions, then the amount of such Matching Contributions made on behalf of a Qualifying Contributing Participant each Plan Year shall be (CHOOSE ONE):
MATCHING CONTRIBUTION FORMULA. [Note: If the Employer elected Option (b), complete Options (h), (i) and (j).]
MATCHING CONTRIBUTION FORMULA. If the Employer selected to make Matching Contributions in item 1 above, then the amount of such Matching Contributions made on behalf of a Qualifying Contributing Participant each Plan Year will be equal to (select one):
Option 1: o Discretionary Match. That percentage of each Qualifying Contributing Participant's Elective Deferral (and/or Nondeductible Employee Contribution, if applicable) which the Employer, in its sole discretion, determines. The amount, the allocation formula, and the percentage or dollar amount limit applicable to such match, if any, is at the complete and sole discretion of the Employer and may vary. Any Matching Contribution will be allocated in a nondiscriminatory manner based upon each Contributing Participant's Elective Deferrals (and/or Nondeductible Employee Contributions, if applicable). Option 2: o Percentage of Contribution Match. That percentage of each Qualifying Contributing Participant's Elective Deferral (and/or Nondeductible Employee Contribution, if applicable) determined by the Contributing Participant's rate of Elective Deferrals (and/or Nondeductible Employee Contribution, if applicable) as specified in the matching schedule below. Option 3: o Two-Tiered Percentage of Contribution Match. Matching Percentage ----% That percentage of each Qualifying Contributing Participant's Elective Deferral (and/or Nondeductible Employee Contribution, if applicable) determined by the Contributing Participant's rate of Elective Deferrals (and/or Nondeductible Employee Contribution, if applicable) as specified in the matching schedule below. Elective Deferral Percentage Matching Percentage Base Rate Less than or equal to _% % Tier 2 Greater than--- but less than or equal to % %
MATCHING CONTRIBUTION FORMULA. The Adopting Employer's Matching Contribution will be allocated to eligible Participants who have met the requirements of Section B and D.1 through D.3 as follows:
a. £ A discretionary amount and percentage of Matched Employee Contributions
MATCHING CONTRIBUTION FORMULA. If the Employer selected to make Matching Contributions in item 1 above, then the amount of such Matching Contributions made on behalf of a Qualifying Contributing Participant each Plan Year will be equal to (select one):
Option 1: An amount equal to percent of such Contributing Participant’s Elective Deferrals which does not exceed
Option 2: Such amount, if any, equal to that percentage of each Contributing Participant’s Elective Deferral which the Employer, in its sole discretion, determines. The amount, the allocation formula, and the percentage or dollar amount limit applicable to such match, if any, is at the complete and sole discretion of the Employer and may vary. Any Matching Contribution will be allocated in a nondiscriminatory manner based upon each Contributing Participant’s Elective Deferrals. NOTE: If no option is selected, Option 2 will apply. The Matching Contribution percentages in Option 2 may not increase as the percent of a Contributing Participant’s Elective Deferral percentage increases. Matching Contributions may not be made in excess of 100 percent of a Contributing Participant’s Elective Deferrals.
MATCHING CONTRIBUTION FORMULA. If the Employer selected to make Matching Contributions in Part B, item 1 above, then the amount of such Matching Contributions made on behalf of a Qualifying Contributing Participant each Plan Year will be equal to (select one):
Option 1: An amount equal to percent of such Qualifying Contributing Participant’s Elective Deferrals which does not exceed percent of the Contributing Participant’s Compensation.
Option 2: That percentage of each Qualifying Contributing Participant’s Elective Deferral which the Employer, in its sole discretion, determines. The amount, the allocation formula, and the percentage or dollar amount limit applicable to such match, if any, is at the complete and sole discretion of the Employer and may vary. Any Matching Contribution will be allocated in a nondiscriminatory manner based upon each Contributing Participant’s Elective Deferrals. NOTE: If no option is selected, Option 2 will apply. If Matching Contribution percentages in Option 2 above increase as the percent of a Contributing Participant’s Elective Deferral percentage increases, special nondiscrimination testing under Code section 401(a)(4) may be necessary. Matching Contributions in excess of 100 percent of a Contributing Participant’s Elective Deferrals will be subject to the additional ACP testing limits under Plan Section 3.02 and Treasury Regulation section 1.401(m)-2(a)(5). If Matching Contributions are made more frequently than the Matching Contribution Computation Period, the Employer will re-calculate the Matching Contributions based on the Compensation earned, and Elective Deferrals made, over the entire Matching Contribution Computation Period.
MATCHING CONTRIBUTION FORMULA. The Adopting Employer's Matching Contribution will be allocated to eligible Participants who have met the requirements of Section B and D.1 through D.3 as follows:
a. [ ] A discretionary amount and percentage of Matched Employee Contributions
b. [ ] Tiered Matching Formula. The Adopting Employer will contribute as a Matching Contribution an amount equal to: Rate One
c. [ ] Years of service
i. The Matching contribution will be made according to the schedule below:
A. Years of service % of Matched Employee Contributions
ii. [ ] Only Matched Employee Contributions that are not in excess of % of the Participant's Compensation will be matched.
iii. In determining years of service in this D.5c, the following service will be used:
A. [ ] Years of Eligibility Service
B. [ ] Years of Vesting Service
iv. Enter the number of Hours of Service necessary to earn a year of service described in D.5c.i:
d. [ ] Special schedule. Matching Contributions shall be made according to the following fixed schedule:
MATCHING CONTRIBUTION FORMULA. The Adopting Employer's Matching Contribution will be allocated to eligible Participants who have met the requirements of Section B and D.1 through D.3 as follows:
a. ☑ A discretionary amount and percentage of Matched Employee Contributions
b. □ Tiered Matching Formula. The Adopting Employer will contribute as a Matching Contribution an amount equal to: _ _% of the Participant's Matched Employee Contributions that are not in excess of _ _% of the Participant's Compensation
c. □ Years of service
i. The Matching contribution will be made according to the schedule below:
A. Years of service _ _ % of Matched Employee Contributions
ii. □ Only Matched Employee Contributions that are not in excess of % of the Participant's Compensation will be matched.
iii. In determining years of service in this D.5d, the following service will be used:
A. □ Years of Eligibility Service
B. □ Years of Vesting Service
iv. Enter the number of Hours of Service necessary to earn a year of service described in D.5d.i:
MATCHING CONTRIBUTION FORMULA. For the period designated in AA §6A-5 below, the Employer will make the following Matching Contribution on behalf of Participants who satisfy the allocation conditions under AA §6A-6 below. [See AA
(a) Discretionary match. The Employer will determine in its sole discretion how much, if any, it will make as a Matching Contribution. Such amount can be determined either as a uniform percentage of deferrals or as a flat dollar amount for each Participant.
MATCHING CONTRIBUTION FORMULA. If Yes, the following matching contribution formulas apply (Select (i) or (ii)):
(i) ¨ Percent of Participant deferrals formula, subject to a specified limit, as follows:
(a) ¨ Matching Contribution Rate: _% of each Participant's Annual Deferral Amount
