Simplified Employee Pension Plan. A plan under which the Employer makes contributions for eligible Employees pursuant to a written formula. Contributions are made to an individual retirement account which meets the requirements of Code Section 408(k).
Appears in 15 contracts
Samples: Defined Contribution Plan (1st Constitution Bancorp), Defined Contribution Plan (Wellesley Bancorp, Inc.), Defined Contribution Plan (Savannah Bancorp Inc)
Simplified Employee Pension Plan. A plan under which the Employer makes contributions for eligible Employees pursuant to a written formula. Contributions are made to an An individual retirement account which meets the requirements of Code Section 408(k), and to which the Employer makes contributions pursuant to a written formula. These plans are considered for contribution limitation and Top-Heavy testing purposes.
Appears in 6 contracts
Samples: 401(k) Plan Document (East West Bancorp Inc), 401(k) Plan Document (Inventa Technologies Inc), Adoption Agreement (Professionals Insurance Co Management Group)
