Proportionate Compensation Match. The Employer shall contribute and allocate to each Participant who defers at least 1% of Compensation, an amount determined by multiplying such Employer Matching Contribution by a fraction the numerator of which is the Participant's Compensation and the denominator of which is the Compensation of all Participants eligible to receive such an allocation. The Employer shall set such discretionary contribution prior to the end of the Plan Year.
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Samples: Adoption Agreement (Century Bancorp Inc), Adoption Agreement (Franklin Financial Corp /Tn/), Adoption Agreement (Vs Holdings Inc)
Proportionate Compensation Match. The Employer shall contribute and allocate to each eligible Participant who defers at least 1_____% of Compensation, an amount determined by multiplying such Employer Matching Contribution by a fraction fraction, the numerator of which is the Participant's Compensation and the denominator of which is the Compensation of all Participants eligible to receive such an allocation. The Employer shall set such discretionary Employer's contribution prior to the end will not exceed _____% of the Plan YearCompensation or $______for any Participant.
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Samples: Nonstandardized Adoption Agreement (Felcor Lodging Trust Inc)
Proportionate Compensation Match. The Employer shall contribute and allocate to each Participant who defers at least 1% of Compensation, an amount determined by multiplying such Employer Matching Contribution by a fraction the numerator of which is the Participant's Compensation and the denominator of which is the Compensation of all Participants eligible to receive such an allocation. The Employer shall set such discretionary contribution prior to the end of the Plan Year.. REGIONAL PROTOTYPE CASH OR DEFERRED PROFIT-SHARING PLAN #012
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Proportionate Compensation Match. The Employer shall contribute and allocate to each Participant who defers at least 1% of Compensation, an amount determined by multiplying such Employer Matching Contribution by a fraction the numerator of which is the Participant's Compensation Elective Deferrals and the denominator of which is the Compensation Elective Deferrals of all Participants eligible to receive such an allocation. The Employer shall set such discretionary contribution prior to the end of the Plan Year.
Appears in 1 contract
Samples: Non Standardized Adoption Agreement (Monro Muffler Brake Inc)
Proportionate Compensation Match. The Employer shall contribute and allocate to each Participant who defers at least 1% of Compensation, . an amount determined by multiplying such Employer Matching Contribution by a fraction the numerator of which is the Participant's Compensation and the denominator of which is the Compensation of all Participants eligible to receive such an allocation. The Employer shall set such discretionary contribution prior to the end of the Plan Year.
Appears in 1 contract
Samples: Nonstandardized Adoption Agreement (Telecommunication Systems Inc /Fa/)