Common use of Offset of other contributions Clause in Contracts

Offset of other contributions. The contributions under the Prevailing Wage Formula will offset the following contributions under this Plan:  (i) Employer Contributions (other than Safe Harbor Employer Contributions or QNECs)  (ii) Safe Harbor Employer Contributions  (iii) Qualified Nonelective Contributions (QNECs)  (iv) Matching Contributions (other than Safe Harbor Matching Contributions or QMACs)  (v) Safe Harbor Matching Contributions  (vi) Qualified Matching Contributions

Appears in 1 contract

Samples: 401(k) Plan Adoption Agreement

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Offset of other contributions. The contributions under the Prevailing Wage Formula will offset the following contributions under this Plan: (i) Employer Contributions (other than Safe Harbor Employer Contributions or QNECs) (ii) Safe Harbor Employer Contributions (iii) Qualified Nonelective Contributions (QNECs) (iv) Matching Contributions (other than Safe Harbor Matching Contributions or QMACs) (v) Safe Harbor Matching Contributions Sample Document □ (vi) Qualified Matching Contributions

Appears in 1 contract

Samples: Nonstandardized Prototype Profit Sharing/401(k) Plan Adoption Agreement

Offset of other contributions. The contributions under the Prevailing Wage Formula will offset the following contributions under this Plan: (i) Employer Contributions (other than Safe Harbor Employer Contributions or QNECs) (ii) Safe Harbor Employer Contributions (iii) Qualified Nonelective Contributions (QNECs) (iv) Matching Contributions (other than Safe Harbor Matching Contributions or QMACs) (v) Safe Harbor Matching Contributions (vi) Qualified Matching Contributions

Appears in 1 contract

Samples: 401(k) Plan Adoption Agreement

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Offset of other contributions. The contributions under the Prevailing Wage Formula will offset the following contributions under this Plan:  . (See Section 3.02(a)(5) of the Plan.) ¨ (i) Employer Contributions (other than Safe Harbor Employer Contributions or QNECsContributions) ¨ (ii) Safe Harbor Employer Contributions  Contributions. ¨ (iii) Qualified Nonelective Contributions (QNECs) ¨ (iv) Matching Contributions (other than Safe Harbor Matching Contributions or QMACsContributions) ¨ (v) Safe Harbor Matching Contributions  Contributions. ¨ (vi) Qualified Matching ContributionsContributions (QMACs) [Note: If subsection (ii) or (v) is checked, the Prevailing Wage contribution must satisfy the requirements for a Safe Harbor Contribution.]

Appears in 1 contract

Samples: Volume Submitter Profit Sharing/401(k) Plan Adoption Agreement (Rayonier Advanced Materials Inc.)

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