Reducing The Average For Highly Compensated Employees. If necessary, the ADP and/or ACP for Highly Compensated Employees must be reduced to the maximum allowed by the applicable limit at paragraphs 11.2 and 11.
Appears in 9 contracts
Sources: Defined Contribution Plan, Defined Contribution Plan, Defined Contribution Plan (1st Constitution Bancorp)
Reducing The Average For Highly Compensated Employees. If necessary, the ADP and/or ACP for Highly Compensated Employees must be reduced to the maximum allowed by the applicable limit at paragraphs paragraph 11.2 and 11.
Appears in 6 contracts
Sources: Defined Contribution Plan (Georgetown Bancorp, Inc.), Defined Contribution Plan (Idt Corp), 401(k) Defined Contribution Plan (Measurement Specialties Inc)