Qualified Matching Contributions (QMAC). [ ] a. For purposes of the ADP or ACP Test, all Matching Contributions made to the Plan will be deemed "Qualified" for purposes of calculating the Actual Deferral Percentage and/or Actual Contribution Percentage. All Matching Contributions must be fully vested when made and are not available for in-service withdrawal.
Appears in 5 contracts
Samples: Nonstandardized Adoption Agreement (Banctrust Financial Group Inc), Standardized Adoption Agreement (Thomasville Bancshares Inc), Nonstandardized Adoption Agreement (Jda Software Group Inc)
Qualified Matching Contributions (QMAC). [ ] ¨ a. For purposes of the ADP or ACP Test, all Matching Contributions made to the Plan will be deemed "“Qualified" ” for purposes of calculating the Actual Deferral Percentage and/or Actual Contribution Percentage. All Matching Contributions must be fully vested when made and are not available for in-service withdrawal.
Appears in 4 contracts
Samples: Nonstandardized Adoption Agreement (Chicopee Bancorp, Inc.), Prototype Defined Contribution Plan (FNB United Corp.), Nonstandardized Adoption Agreement (Legacy Bancorp, Inc.)
Qualified Matching Contributions (QMAC). [ ] o a. For purposes of the ADP or and ACP TestTests, all Matching Contributions made to the Plan will be deemed "“Qualified" ” for purposes of calculating the Actual Deferral Percentage and/or Actual Contribution Percentage. All Matching Contributions must be fully vested when made and are not available for in-service withdrawalmade.
Appears in 4 contracts
Samples: Nonstandardized Adoption Agreement (First Northwest Bancorp), Participation Agreement (Sterling Chemicals Inc), Prototype Defined Contribution Plan (Athens Bancshares Corp)
Qualified Matching Contributions (QMAC). [ ] a. For purposes of the ADP or and ACP TestTests, all Matching Contributions made to the Plan will be deemed "“Qualified" ” for purposes of calculating the Actual Deferral Percentage and/or Actual Contribution Percentage. All Matching Contributions must be fully vested when made and are not available for in-service withdrawalmade.
Appears in 3 contracts
Samples: Nonstandardized Adoption Agreement (1st Constitution Bancorp), Nonstandardized Adoption Agreement (Connecticut Water Service Inc / Ct), Nonstandardized Adoption Agreement (Connecticut Water Service Inc / Ct)
Qualified Matching Contributions (QMAC). [ ] ¨ a. For purposes of the ADP or and ACP TestTests, all Matching Contributions made to the Plan will be deemed "“Qualified" ” for purposes of calculating the Actual Deferral Percentage and/or Actual Contribution Percentage. All Matching Contributions must be fully vested when made and are not available for in-service withdrawalmade.
Appears in 3 contracts
Samples: Nonstandardized Adoption Agreement (United Community Bancorp), Prototype Defined Contribution Plan (Fraternity Community Bancorp Inc), ASB Bancorp Inc
Qualified Matching Contributions (QMAC). [ ] a. For purposes of the ADP or ACP Test, all only Matching Contributions made to the Plan that are needed to meet the Actual Contribution Percentage Test will be deemed "“Qualified" ” for purposes of calculating the Actual Deferral Percentage and/or Actual Contribution Percentage. All such Matching Contributions used must be fully vested when made and are not available for in-service withdrawal.
Appears in 2 contracts
Qualified Matching Contributions (QMAC). [ ] o a. For purposes of the ADP or ACP Test, all Matching Contributions made to the Plan will be deemed "“Qualified" ” for purposes of calculating the Actual Deferral Percentage and/or Actual Contribution Percentage. All Matching Contributions must be fully vested when made and are not available for in-service withdrawalmade.
Appears in 1 contract
Samples: Willis Group Holdings LTD
Qualified Matching Contributions (QMAC). [ ] a. For purposes of the ADP or and ACP TestTests, all Matching Contributions made to the Plan will be deemed "Qualified" for purposes of calculating the Actual Deferral Percentage and/or Actual Contribution Percentage. All Matching Contributions must be fully vested when made and are not available for in-service withdrawalmade.
Appears in 1 contract
Samples: Nonstandardized Adoption Agreement (BBCN Bancorp Inc)
Qualified Matching Contributions (QMAC). [ ] ( ) a. For purposes of the ADP or ACP Test, all Matching Contributions made to the Plan will be deemed "Qualified" for purposes of calculating the Actual Deferral Percentage and/or Actual Contribution Percentage. All Matching Contributions must be fully vested when made and are not available for in-service withdrawal.
Appears in 1 contract
Samples: Standardized Adoption Agreement (Socket Communications Inc)
Qualified Matching Contributions (QMAC). [ ] * a. For purposes of the ADP or ACP Test, all Matching Contributions made to the Plan will be deemed "“Qualified" ” for purposes of calculating the Actual Deferral Percentage and/or Actual Contribution Percentage. All Matching Contributions must be fully vested when made and are not available for in-service withdrawal.
Appears in 1 contract
Samples: Nonstandardized Adoption Agreement (Atlas America Inc)
