Time Period. For purposes of this Election 24(e), “Compensation” and “Elective Deferrals” mean Compensation and Elective Deferrals for: . [Note: The Employer must complete the blank line with the applicable time period for computing the Enhanced Matching Contribution, such as “each payroll period,” “each calendar month,” “each Plan Year quarter” or “the Plan Year.”] [Note: The matching rate may not increase as the Elective Deferral percentage increases and the Enhanced Matching Contribution formula otherwise must satisfy the requirements of Code §§401(k)(12)(B)(ii) and (iii) (taking into account Code §401(k)(13)(D)(ii) in the case of a QACA).The Employer also must limit Elective Deferrals taken into account for the Enhanced Matching Contribution to a maximum of 6% of Plan Year Compensation.]
Appears in 5 contracts
Samples: 403(b) Volume Submitter Plan Adoption Agreement, 403(b) Volume Submitter Plan Adoption Agreement, 403(b) Volume Submitter Plan Adoption Agreement
Time Period. For purposes of this Election 24(e), “"Compensation” " and “"Elective Deferrals” " mean Compensation and Elective Deferrals for: . [Note: The Employer must complete the blank line with the applicable time period for computing the Enhanced Matching ContributionMatch, such as “"each payroll period,” “" "each calendar month,” “" "each Plan Year quarter” " or “"the Plan Year.”"] [Note: The matching rate may not increase as the Elective Deferral percentage increases and the Enhanced Matching Contribution formula otherwise must satisfy the requirements of Code §§401(k)(12)(B)(ii) and (iii) (taking into account Code §401(k)(13)(D)(ii) in the case of a QACA).The QACA). The Employer also must limit Elective Deferrals taken into account for the Enhanced Matching Contribution to a maximum of 6% of Plan Year Compensation.]
Appears in 4 contracts
Samples: Adoption Agreement, Adoption Agreement, Adoption Agreement
Time Period. For purposes of this Election 24(e30(e), “"Compensation” " and “"Elective Deferrals” " mean Compensation and Elective Deferrals for: . [Note: The Employer must complete the blank line with the applicable time period for computing the Enhanced Matching ContributionMatch, such as “"each payroll period,” “" "each calendar month,” “" "each Plan Year quarter” " or “"the Plan Year.”"] [Note: The matching rate may not increase as the Elective Deferral percentage increases and the Enhanced Matching Contribution formula otherwise must satisfy the requirements of Code §§401(k)(12)(B)(ii) and (iii) (taking into account Code §401(k)(13)(D)(ii) in the case of a QACA).The QACA). If the Employer elects to satisfy the ACP safe harbor under Election 38(a)(2)a., the Employer also must limit Elective Deferrals taken into account for the Enhanced Matching Contribution to a maximum of 6% of Plan Year Compensation.]
Appears in 3 contracts
Samples: Adoption Agreement (Fossil Group, Inc.), Adoption Agreement (Connecticut Water Service Inc / Ct), Adoption Agreement
Time Period. For purposes of this Election 24(e30(d), “"Compensation” " and “"Elective Deferrals” " mean Compensation and Elective Deferrals for: . [Note: The Employer must complete the blank line with the applicable time period for computing the Enhanced Matching ContributionMatch, such as “"each payroll period,” “" "each calendar month,” “" "each Plan Year quarter” " or “"the Plan Year.”"] [Note: The matching rate may not increase as the Elective Deferral percentage increases and the Enhanced Matching Contribution formula otherwise must satisfy the requirements of Code §§401(k)(12)(B)(ii) and (iii) (taking into account Code §401(k)(13)(D)(ii) in ). If the case of a QACA).The Employer elects to satisfy the ACP safe harbor under Election 37(a)(2)a., the Employer also must limit Elective Deferrals taken into account for the Enhanced Matching Contribution to a maximum of 6% of Plan Year Compensation.]
Appears in 2 contracts
Samples: 401(k) Profit Sharing Plan (Nci Building Systems Inc), Adoption Agreement (Finisar Corp)
Time Period. For purposes of this Election 24(e30(d), “Compensation” and “Elective Deferrals” mean Compensation and Elective Deferrals for: . [Note: The Employer must complete the blank line with the applicable time period for computing the Enhanced Matching ContributionMatch, such as “each payroll period,” “each calendar month,” “each Plan Year quarter” or “the Plan Year.”] [Note: The matching rate may not increase as the Elective Deferral percentage increases and the Enhanced Matching Contribution formula otherwise must satisfy the requirements of Code §§401(k)(12)(B)(ii) and (iii) (taking into account Code §401(k)(13)(D)(ii) in ). If the case of a QACA).The Employer elects to satisfy the ACP safe harbor under Election 37(a)(2)a., the Employer also must limit Elective Deferrals taken into account for the Enhanced Matching Contribution to a maximum of 6% of Plan Year Compensation.]
Appears in 1 contract
Samples: 401(k) Profit Sharing Plan Adoption Agreement (Simpson Manufacturing Co Inc /Ca/)
Time Period. For purposes of this Election 24(e30(d), “"Compensation” " and “"Elective Deferrals” " mean Compensation and Elective Deferrals for: each payroll period . [Note: The Employer must complete the blank line with the applicable time period for computing the Enhanced Matching ContributionMatch, such as “"each payroll period,” “" "each calendar month,” “" "each Plan Year quarter” " or “"the Plan Year.”"] [Note: The matching rate may not increase as the Elective Deferral percentage increases and the Enhanced Matching Contribution formula otherwise must satisfy the requirements of Code §§401(k)(12)(B)(ii) and (iii) (taking into account Code §401(k)(13)(D)(ii) in ). If the case of a QACA).The Employer elects to satisfy the ACP safe harbor under Election 37(a)(2)a., the Employer also must limit Elective Deferrals taken into account for the Enhanced Matching Contribution to a maximum of 6% of Plan Year Compensation.]
Appears in 1 contract
Time Period. For purposes of this Election 24(e30(d), “Compensation” and “Elective Deferrals” mean Compensation and Elective Deferrals for: . [Note: The Employer must complete the blank line with the applicable time period for computing the Enhanced Matching ContributionMatch, such as “each payroll period,” ”, “each calendar month,” “each Plan Year quarter” or “the Plan Year.”] [Note: The matching rate may not increase as the Elective Deferral percentage increases and the Enhanced Matching Contribution formula otherwise must satisfy the requirements of Code §§401(k)(12)(B)(ii) and (iii) (taking into account Code §401(k)(13)(D)(ii) in ). If the case of a QACA).The Employer elects to satisfy the ACP safe harbor under Election 37(a)(2)a., the Employer also must limit Elective Deferrals taken into account for the Enhanced Matching Contribution to a maximum of 6% of Plan Year Compensation.]
Appears in 1 contract
Samples: 401(k) Plan Adoption Agreement (Firstmerit Corp /Oh/)
Time Period. For purposes of this Election 24(e30(d), “Compensation” and “Elective Deferrals” mean Compensation and Elective Deferrals for: the Plan Year . [Note: The Employer must complete the blank line with the applicable time period for computing the Enhanced Matching ContributionMatch, such as “each payroll period,” “each calendar month,” “each Plan Year quarter” or “the Plan Year.”] [Note: The matching rate may not increase as the Elective Deferral percentage increases and the Enhanced Matching Contribution formula otherwise must satisfy the requirements of Code §§401(k)(12)(B)(ii) and (iii) (taking into account Code §401(k)(13)(D)(ii) in ). If the case of a QACA).The Employer elects to satisfy the ACP safe harbor under Election 37(a)(2)a., the Employer also must limit Elective Deferrals taken into account for the Enhanced Matching Contribution to a maximum of 6% of Plan Year Compensation.]
Appears in 1 contract
