Prevailing Wage Contributions. Subject to Section 3.6 of the Basic Plan, the Employer will make contributions to the Plan for the Prevailing Wage Service of each Participant < ¨ who is an NHCE >. The Administrator may promulgate additional rules and procedures regarding Prevailing Wage Contributions in an administrative policy regarding Prevailing Wage Contributions.
Prevailing Wage Contributions. For purposes of In-Service Distributions, a Participant's Prevailing Wage Contribution Account is treated as a Nonelective or other Employer Contribution Account as applicable, unless the Prevailing Wage Contract provides for other In-Service Distribution rights. However, if the Employer in its Adoption Agreement elects to offset other Contribution Types with the Prevailing Wage Contribution, for purposes of In-Service Distributions, the Plan Administrator will treat that portion of the Prevailing Wage Contribution Account which offsets another Contribution Type, as the other Contribution Type.
Prevailing Wage Contributions. Notwithstanding anything contained herein to the contrary, Qualified Nonelective Contributions that are made in connection with the Employer’s obligation to pay prevailing wages under the Xxxxx-Xxxxx Act (46 Stat. 1494), Pub. L. 71-798, Service Contract Act of 1965 (79 Stat. 1965), Pub. L. 89- 286, or similar legislation can be taken into account for a Plan Year for a Nonhighly Compensated Employee to the extent such contributions do not exceed 10 percent (10%) of that Nonhighly Compensated Employee’s Testing Compensation.
Prevailing Wage Contributions. Except as otherwise provided in Section 9.2 of the Adoption Agreement, a Participant’s Vested Interest in all Prevailing Wage contributions allocated to him or her will be determined by the provisions below.
(a) The Vesting schedule for Prevailing Wage Contributions in a non-Top Heavy Plan Year is: (check one) o 100% full and immediate
Prevailing Wage Contributions. A. Prevailing Wage Contributions (as defined in Section 3.13 of the Base Plan Document) (select one): ¨ (1) shall be made pursuant to the contract(s) listed in Appendix A and shall: ¨ (a) be considered a QNEC. ¨ (b) not be considered a QNEC. þ (2) shall not be made.
Prevailing Wage Contributions. If elected in the Adoption Agreement, the Employer will make Prevailing Wage Contributions to the Plan for the Prevailing Wage Service of each Prevailing Wage Employee, subject to the following provisions:
Prevailing Wage Contributions. Notwithstanding the foregoing, Prevailing Wage Contributions that would otherwise be returned to the Employer for the reasons described in paragraphs (1) or (2) above will instead be distributed to the affected Participants.
Prevailing Wage Contributions. If the Employer makes Prevailing Wage Contributions to the Plan, an Eligible Employee's Entry Date with regard to such contributions is the Employee's Employment Commencement Date. The Employer's Adoption Agreement elections regarding Entry Dates apply to such an Employee as to non-Prevailing Wage Contributions under the Plan.
Prevailing Wage Contributions. (as defined in Section 3.13 of the Base Plan Document) (select one): o (1) shall be made pursuant to the contract(s) listed in Appendix A and shall: o (a) be considered a QNEC. o (b) not be considered a QNEC. þ (2) shall not be made.
Prevailing Wage Contributions. A. PREVAILING WAGE CONTRIBUTIONS, AS DESCRIBED IN SECTION 3.15 OF THE PLAN (SELECT ONE): [ ] (1) shall be made as provided in Appendix B and shall:
(a) be considered a QNEC. [ ] (b) not be considered a QNEC. [X] (2) shall not be made.
