Common use of Super-Integrated Allocation Clause in Contracts

Super-Integrated Allocation. For each Participant eligible to share in the allocation for a Plan Year, contributions to Profit Sharing Contributions Accounts with respect to a Plan Year, plus any forfeitures, if forfeitures are reallocated to Participants, shall be allocated to the Profit Sharing Contributions Account of each eligible Participant as follows: (i) an amount equal to a percentage of each Participant’s Plan Compensation for the Plan Year; (ii) plus an amount equal to a percentage of each Participant’s Plan Compensation for the Plan Year in excess of the Super-Integration level (defined below).

Appears in 3 contracts

Samples: Adoption Agreement (Aecom), 401(k) Profit Sharing Plan Adoption Agreement (SXC Health Solutions Corp.), 401(k) Profit Sharing Plan Adoption Agreement (Atlas America Inc)

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Super-Integrated Allocation. For each Participant eligible to share in the allocation for a Plan Year, contributions to Profit Sharing Contributions Accounts with respect to a Plan Year, plus any forfeitures, if forfeitures are reallocated to Participants, shall be allocated to the Profit Sharing Contributions Account of each eligible Participant as follows: (i) an amount equal to a percentage of each Participant’s 's Plan Compensation for the Plan Year; (ii) plus an amount equal to a percentage of each Participant’s 's Plan Compensation for the Plan Year in excess of the Super-Integration level (defined below).

Appears in 2 contracts

Samples: Adoption Agreement (Books a Million Inc), 401(k) Profit Sharing Plan Adoption Agreement (Colfax CORP)

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