Plan Year requirement. Except as provided in Regulation Sections 1.401(k)-3(e) and 1.401(k)-3(f), and below, the Plan will fail to satisfy the requirements of Code Section 401(k)(12) and this Section for a Plan Year unless such provisions remain in effect for an entire twelve (12) month Plan Year.
Appears in 2 contracts
Samples: Adoption Agreement (LSB Bancshares Inc /Nc/), Defined Contribution Plan and Trust (National Penn Bancshares Inc)
Plan Year requirement. Except as provided in Regulation Sections §1.401(k)-3(e) and 1.401(k)-3(f), and below, the Plan will fail to satisfy the requirements of Code Section §401(k)(12) and this Section for a Plan Year unless such provisions remain in effect for an entire twelve (12) month Plan Year.
Appears in 1 contract
Plan Year requirement. Except as provided in Regulation Sections 1.401(k)-3(el.401(k)-3(e) and 1.401(k)-3(f1.40l(k)-3(f), and below, the Plan will fail to satisfy the requirements of Code Section 401(k)(12401(k)(l2) and this Section for a Plan Year unless such provisions remain in effect for an entire twelve (12) month Plan Year.
Appears in 1 contract
Samples: Adoption Agreement (Talbots Inc)
