Common use of Permissive Aggregation Group Clause in Contracts

Permissive Aggregation Group. Used for Top-Heavy testing purposes, it is the Required Aggregation Group of plans plus any other plan or plans of the Employer which, when considered as a group with the Required Aggregation Group, would continue to satisfy the requirements of Code Sections 401(a)(4) and 410.

Appears in 5 contracts

Samples: 401(k) Plan Document (East West Bancorp Inc), Adoption Agreement (Shared Technologies Cellular Inc), Adoption Agreement (Professionals Insurance Co Management Group)

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Permissive Aggregation Group. Used for Top-Top Heavy testing purposes, it is the Required Aggregation Group of plans plus any other plan or plans of the Employer which, when considered as a group with the Required Aggregation Group, would continue to satisfy the requirements of Code Sections 401(a)(4) and 410.

Appears in 1 contract

Samples: Profit Sharing Plan (First Keystone Corp)

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