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 2 contracts
Samples: Non Standardized Profit Sharing/Thrift Plan With 401(k) Feature Adoption Agreement (Central Sprinkler Corp), Non Standardized Profit Sharing/Thrift Plan With 401(k) Feature Adoption Agreement (Central Sprinkler Corp)
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. _____|X|b. 3 % of Compensation (must be at least ------ 3%).
Appears in 1 contract
Samples: Non Standardized Profit Sharing/Thrift Plan With 401(k) Feature Adoption Agreement (Vtel Corp)
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
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: Non Standardized Profit Sharing/Thrift Plan With 401(k) Feature Adoption Agreement (Zix Corp)
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
