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 4 contracts
Samples: Nonstandardized Adoption Agreement (Banctrust Financial Group Inc), Nonstandardized Adoption Agreement (Felcor Lodging Trust Inc), Prototype Defined Contribution (Spheris Leasing LLC)
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 3 contracts
Samples: Port Financial Corp, Professionals Insurance Co Management Group, Berkshire Hills 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 imitation and Top-Heavy testing purposes.
Appears in 1 contract
Samples: Standarized Adoption Agreement (Oregon Trail Financial Corp)