Common use of Single Plan Minimum Top-Heavy Allocation Clause in Contracts

Single Plan Minimum Top-Heavy Allocation. A minimum Top-Heavy contribution will be allocated to each non-Key Employee's Participant Account in an amount equal to:

Appears in 5 contracts

Samples: Non Standardized (Zix Corp), Non Standardized (First International Bancorp Inc), Central Sprinkler Corp

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Single Plan Minimum Top-Heavy Allocation. A minimum Top-Heavy contribution will be allocated to each non-Key Employee's Participant Account in an amount equal to:: / / a. The lesser of 3% of Compensation or the highest percentage allocated to any Key Employee. / / b. ____% of Compensation (must be at least 3%).

Appears in 1 contract

Samples: Navigant International Inc

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