Common use of Paired Plans Clause in Contracts

Paired Plans. Two or more Plans maintained by the Sponsor designed so that a single or any combination of Plans adopted by an Employer will meet the antidiscrimination rules, the contribution and benefit limitations, and the Top-Heavy provisions of the Code.

Appears in 6 contracts

Samples: 401(k) Plan Document (East West Bancorp Inc), Defined Contribution Plan and Trust (First Keystone Corp), Non Standardized Adoption Agreement (Princeton Review Inc)

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Paired Plans. Two or more Plans maintained by the Sponsor designed so that a single or any combination of Plans adopted by an Employer will meet the antidiscrimination rules, the contribution and benefit limitations, and the Top-Top Heavy provisions of the Code.

Appears in 1 contract

Samples: Profit Sharing Plan (First Keystone Corp)

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