Qualified Matching. CONTRIBUTIONS If selected below, the Employer may make Qualified Matching Contributions for each Plan Year (select all those applicable): (1) In its discretion, the Employer may make Qualified Matching Contributions on behalf of (select one): [ ] (a) all Participants who make Elective Deferrals in that Plan Year. [x] (b) only those Participants who are Nonhighly Compensated Employees and who make Elective Deferrals for that Plan Year.
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Samples: 401(k) Plan Adoption Agreement (Republic Banking Corp of Florida)
Qualified Matching. CONTRIBUTIONS Contributions -------------------------------- If selected below, the Employer may make Qualified Matching Contributions for each Plan Year (select all those applicable): ):
(1) In its discretion, the Employer may make Qualified Matching Contributions on behalf of (select one): [ ] (a) all Participants who make Elective Deferrals in that Plan Year. [x] (b) only those Participants who are Nonhighly Compensated Employees and who make Elective Deferrals for that Plan YearEmployee Thrift Contributions.
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Samples: Prototype Defined Contribution Plan Adoption Agreement (Prentiss Properties Trust/Md)
Qualified Matching. CONTRIBUTIONS If selected below, the Employer may make Qualified Matching Contributions for each Plan Year (select all those applicable): (1) In its discretion, the Employer may make Qualified Matching Contributions on behalf of (select one): [ ] (a) all Participants who make Elective Deferrals in that Plan Year. [x] (b) only those Participants who are Nonhighly Compensated Employees and who make Elective Deferrals for that Plan YearEmployee Thrift Contributions.
Appears in 1 contract
Samples: 401(k) Plan Adoption Agreement (Republic Banking Corp of Florida)
Qualified Matching. CONTRIBUTIONS Contributions If selected below, the Employer may make Qualified Matching Contributions for each Plan Year (select all those applicable): (1) In its discretion, the Employer may make Qualified Matching Contributions on behalf of (select one): [ ] ):
(a) all Participants who make Elective Deferrals in that Plan Year. [x] Employee Thrift Contributions.
(b) only those Participants who are Nonhighly Compensated Employees and who make Elective Deferrals for that Plan YearEmployee Thrift Contributions.
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