Safe Harbor Nonelective Contributions Sample Clauses

Safe Harbor Nonelective Contributions. The Employer will make a Safe Harbor Nonelective Contribution to the Account of each Member in an amount equal to 3 percent of the Member's Salary for the Plan Year, unless the Employer inserts a greater percentage here ___.

Safe Harbor Nonelective Contributions. As an alternative to the nondiscrimination safe harbor in Section 3.03(f)(1) above, the Employer may satisfy the nondiscrimination safe harbor if the Employer is required, without regard to whether the Participant makes an Elective Deferral, to make a contribution to a defined contribution plan, on behalf of each Nonhighly Compensated Participant and, unless otherwise elected in the Adoption Agreement, to the Highly Compensated Participants, in an amount equal to at least 3% of the Participant’s Compensation.

Safe Harbor Nonelective Contributions. If the Employer elects in the Adoption Agreement to make Safe Harbor Nonelective Contributions, for each Plan Year the Employer shall contribute to the Trust on behalf of each Participant an amount equal to 3% of the Participant's Total Compensation, as determined in accordance with the Safe Harbor CODA section of the Adoption Agreement, for such Plan Year or, if the Employer so elects in the Safe Harbor CODA section of the Adoption Agreement, Total Compensation, as determined in accordance with the Safe Harbor CODA section of the Adoption Agreement, for such period of time during the Plan Year in which the Participant was eligible to participate in the Plan.

Safe Harbor Nonelective Contributions. (select one)

Safe Harbor Nonelective Contributions. A Safe Harbor Nonelective Contribution subaccount to which shall be credited (or debited, as the case may be) (i) Safe Harbor Nonelective Contributions made to the Plan on behalf of the Participant; (ii) the allocable expenses and net earnings or net losses on the investment of the assets of the subaccount; and (iii) distributions from such subaccount. The Plan Administrator may also establish such other Accounts, subaccounts and segregated accounts as may be necessary to properly account for Plan assets.

Safe Harbor Nonelective Contributions. Contributions of the Employer to the Plan and Trust as described in Section 4.2 and in Section 9.2(b)(1) of the Adoption Agreement.

Safe Harbor Nonelective Contributions. The Employer will make a Safe Harbor Nonelective Contribution to the ADP Safe Harbor Contribution Account of each Eligible Employee in an amount equal to: ________ % (must be at least 3%) of the Employee's Compensation. ADP Test Safe Harbor Contributions will be made to: (elect one) [ ] This Plan. [ ] Another defined contribution plan of the Employer, named: (insert name of plan) __________. January 1, 2003 Plan Document Section X. CONTRIBUTIONS 3. Additional Matching Contributions to a Safe Harbor 401(k) Plan. (ACP Test Safe Harbor Matching Contributions) - Note: No additional contributions other than those in E.1 and E.2, above, are required for a Safe Harbor 401(k) Plan. However, additional Matching Contributions may be made by completing this section. The Employer will make additional Matching Contributions to the Safe Harbor 401(k) Plan (ACP Test Safe Harbor Matching Contributions) on behalf of each Eligible Employee in the amount of: (elect one) [ ] a. ___% of the Employee's Elective Deferral Contribution up to _____% (not to exceed 6%) of the Employee's Compensation. [ ] b. ____% of the Employee's Elective Deferral Contribution up to _____% of the Employee's Compensation, plus ____% (not to exceed the percentage indicated in the first blank) of the Employee's Elective Deferral Contribution up to _____% of the Employee's Compensation. Under no circumstances shall the total contribution under this section exceed 6% of the Employee's Compensation.

Safe Harbor Nonelective Contributions. ☐ The Employer will make Safe Harbor Matching Contributions to this Plan in an amount equal to ________% (must be at least 3%) of each Participant’s Compensation. ☐ The Employer will make Safe Harbor Nonelective Contributions to another plan described as follows _______________________________________________ Safe Harbor Nonelective Contributions will be made with respect to payroll reduction contributions and Compensation for (elect one): ☐ the Plan Year as a whole ☐ each payroll period ☐ all payroll periods ending with or within a month ☐ all payroll periods ending with or within each Plan Year quarter

Safe Harbor Nonelective Contributions. (not less than 100)

Safe Harbor Nonelective Contributions. (select one) 1. [ ] Fixed. The Employer will make a Safe Harbor Nonelective Contribution to the account of each "eligible Participant" in an amount equal to % (may not be less than 3%) of the Employee's Compensation for the Plan Year. 2. [ ] Discretionary ("maybe"). The Employer may elect to make a Safe Harbor Nonelective Contribution after a Plan Year has commenced in accordance with the provisions of Plan Section 12.8(h). If this option e.2. is selected, the Safe Harbor Nonelective Contribution will be required only for a Plan Year for which the Plan is amended to provide for such contribution and the appropriate supplemental notice is provided to Participants.