Common use of PARTICIPANT NONDEDUCTIBLE CONTRIBUTIONS Clause in Contracts

PARTICIPANT NONDEDUCTIBLE CONTRIBUTIONS. This Plan does not permit Participant nondeductible contributions unless the Employer's Plan includes a Code ss.401(k) arrangement. If the Employer's Plan does not include a Code ss.401(k) arrangement and, prior to the adoption of this Prototype Plan, the Plan accepted Participant nondeductible contributions for a Plan Year beginning after December 31, 1986, those contributions must satisfy the requirements of Code ss.401(m). This Section 4.01 does not prohibit the Plan's acceptance of Participant nondeductible contributions prior to the first Plan Year commencing after the Plan Year in which the Employer adopts this Prototype Plan.

Appears in 1 contract

Samples: 401(k) Retirement Savings Plan (Reptron Electronics Inc)

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PARTICIPANT NONDEDUCTIBLE CONTRIBUTIONS. This Plan does not permit --------------------------------------- Participant nondeductible contributions unless the Employer's Employer maintains its Plan includes under a Code ss.401(k) arrangementAdoption Agreement. If the Employer's Plan Employer does not include maintain its Plan under a Code ss.401(k) arrangement Adoption Agreement and, prior to the adoption of this Prototype Master Plan, the Plan accepted Participant nondeductible contributions for a Plan Year beginning after December 31, 1986, those contributions must satisfy the requirements of Code ss.401(m). This Section 4.01 does not prohibit the Plan's acceptance of Participant nondeductible contributions prior to the first Plan Year commencing after the Plan Year in which the Employer adopts this Prototype Master Plan.

Appears in 1 contract

Samples: Adoption Agreement (Ifb Holdings Inc)

PARTICIPANT NONDEDUCTIBLE CONTRIBUTIONS. This Plan does not permit ----------------------------------------- Participant nondeductible contributions unless the Employer's Employer maintains its Plan includes under a Code ss.401(k) arrangementAdoption Agreement. If the Employer's Plan Employer does not include maintain its Plan under a Code ss.401(k) arrangement Adoption Agreement and, prior to the adoption of this Prototype Plan, the Plan accepted Participant nondeductible contributions for a Plan Year beginning after December 31, 1986, those contributions must satisfy the requirements of Code ss.401(m). This Section 4.01 does not prohibit the Plan's acceptance of Participant nondeductible contributions prior to the first Plan Year commencing after the Plan Year in which the Employer adopts this Prototype Plan.

Appears in 1 contract

Samples: Defined Contribution Prototype Plan and Trust Agreement (Indian Village Bancorp Inc)

PARTICIPANT NONDEDUCTIBLE CONTRIBUTIONS. This Plan does not permit Participant nondeductible contributions unless the Employer's Employer maintains its Plan includes under a Code ss.401(k) arrangementAdoption Agreement. If the Employer's Plan Employer does not include maintain its Plan under a Code ss.401(k) arrangement Adoption Agreement and, prior to the adoption of this Prototype Plan, the Plan accepted Participant nondeductible contributions for a Plan Year beginning after December 31, 1986, those contributions must satisfy the requirements of Code ss.401(m). This Section 4.01 does not prohibit the Plan's acceptance of Participant nondeductible contributions prior to the first Plan Year commencing after the Plan Year in which the Employer adopts this Prototype Plan.

Appears in 1 contract

Samples: Defined Contribution Prototype Plan and Trust Agreement (Quicksilver Resources Inc)

PARTICIPANT NONDEDUCTIBLE CONTRIBUTIONS. This Plan does not permit Participant nondeductible contributions unless the Employer's Employer maintains its Plan includes under a Code ss.401(k) arrangementAdoption Agreement. If the Employer's Plan Employer does not include maintain its Plan under a Code ss.401(k) arrangement Adoption Agreement and, prior to the adoption of this Prototype Master Plan, the Plan accepted Participant nondeductible contributions for a Plan Year beginning after December 31, 198631,1986, those contributions must satisfy the requirements of Code ss.401(m). This Section 4.01 does not prohibit the Plan's acceptance of Participant nondeductible contributions prior to the first Plan Year commencing after the Plan Year in which the Employer adopts this Prototype Master Plan.

Appears in 1 contract

Samples: Defined Contribution Master Plan and Trust Agreement (Washington Homes Inc)

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PARTICIPANT NONDEDUCTIBLE CONTRIBUTIONS. This Plan does not permit Participant nondeductible contributions unless the Employer's Employer maintains its Plan includes under a Code ss.401(k) arrangementAdoption Agreement. If the Employer's Plan Employer does not include maintain its Plan under a Code ss.401(k) arrangement Adoption Agreement and, prior to the adoption of this Prototype Plan, the Plan accepted Participant nondeductible contributions for a Plan Year beginning after December 31, 1986, those contributions must satisfy the requirements of Code ss.401(m). This This Section 4.01 does not prohibit the Plan's acceptance of Participant nondeductible contributions prior to the first Plan Year commencing after the Plan Year in which the Employer adopts this Prototype Plan.

Appears in 1 contract

Samples: Defined Contribution Prototype Plan and Trust Agreement (FBL Financial Group Inc)

PARTICIPANT NONDEDUCTIBLE CONTRIBUTIONS. This Plan does not permit Participant nondeductible contributions unless the Employer's Employer maintains its Plan includes under a Code ss.401(k(S)401(k) arrangement. If Adoption Agreement, if the Employer's Plan Employer does not include maintain its Plan under a Code ss.401(k(S)401(k) arrangement Adoption Agreement and, prior to the adoption of this Prototype Plan, the Plan accepted Participant nondeductible contributions for a Plan Year beginning after December 313 1, 1986, those contributions must satisfy the requirements of Code ss.401(m(S)401(m). This This Section 4.01 does not prohibit the Plan's acceptance of Participant nondeductible contributions prior to the first Plan Year commencing after the Plan Year in which the Employer adopts this Prototype Plan.

Appears in 1 contract

Samples: Defined Contribution Prototype Plan and Trust Agreement (Midcoast Energy Resources Inc)

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