Common use of STANDARDIZED PLAN Clause in Contracts

STANDARDIZED PLAN. If the Employer’s Plan is a Standardized Plan, the Plan limits the elective crediting of past Predecessor Employer Service to the period which does not exceed 5 years immediately preceding the year in which an amendment crediting such service becomes effective, such credit must be granted to all Employees on a reasonably uniform basis, and the crediting must otherwise comply with Treas. Reg. §1.401(a)(4) -5(a)(3).

Appears in 1 contract

Samples: 401(k) Plan Adoption Agreement (Knowles Corp)

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STANDARDIZED PLAN. If the Employer’s 's Plan is a Standardized Plan, the Plan limits the elective crediting of past Predecessor Employer Service to the period which does not exceed 5 years immediately preceding the year in which an amendment crediting such service becomes effective, such credit must be granted to all Employees on a reasonably uniform basis, and the crediting must otherwise comply with Treas. Reg. §1.401(a)(4) -5(a)(31.401(a)(4)‑5(a)(3).

Appears in 1 contract

Samples: Defined Contribution Prototype Plan and Trust Agreement (Bob Evans Farms Inc)

STANDARDIZED PLAN. If the Employer’s 's Plan is a Standardized Plan, the Plan limits the elective crediting of past Predecessor Employer Service to the period which does not exceed 5 years immediately preceding the year in which an amendment crediting such service becomes effective, such credit must be granted to all Employees on a reasonably uniform basis, and the crediting must otherwise comply with Treas. Reg. §1.401(a)(4) -5(a)(31.401(a)(4)-5(a)(3).

Appears in 1 contract

Samples: 401(k) Profit Sharing Plan (Nci Building Systems Inc)

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STANDARDIZED PLAN. If the Employer’s 's Plan is a Standardized Plan, the Plan limits the elective crediting of past ofpast Predecessor Employer Service to the period which does not doesnot exceed 5 years immediately preceding the year in which an amendment crediting such service becomes effective, such credit suchcredit must be granted to all Employees on a reasonably uniform reasonablyuniform basis, and the crediting must otherwise comply with TreaswithTreas. Reg. §1.401(a)(4) -5(a)(31.401(a)(4)-5(a)(3).

Appears in 1 contract

Samples: Defined Contribution Prototype and Volume Submitter Plan (Finisar Corp)

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