Common use of Top Heavy contribution Clause in Contracts

Top Heavy contribution. If this (b) is checked, any Top Heavy minimum contribution required under Section 4 of the Plan will be allocated to all Participants, including Key Employees.

Appears in 3 contracts

Samples: 401(k) Plan Adoption Agreement, Nonstandardized Prototype Profit Sharing/401(k) Plan Adoption Agreement, 401(k) Plan Adoption Agreement

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Top Heavy contribution. If this (b) subsection is checked, any Top Heavy minimum contribution required under Section 4 of the Plan will be allocated to all Participants, including Key Employees. [If this subsection is not checked, any Top Heavy minimum contribution will be allocated only to Non-Key Employees.]

Appears in 1 contract

Samples: Nonstandardized Profit Sharing/401(k) Plan Adoption Agreement

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