Common use of Top-Heavy Ratio Clause in Contracts

Top-Heavy Ratio. If the adopting Employer maintains or has ever maintained a qualified defined benefit plan, for purposes of establishing present value to compute the top-heavy ratio, any benefit shall be discounted only for mortality and interest based on the following:

Appears in 7 contracts

Sources: Defined Contribution Plan (Innerdyne Inc), Prototype Defined Contribution Plan Adoption Agreement (Tca Cable Tv Inc), Prototype Defined Contribution Plan Adoption Agreement (Labor Ready Inc)

Top-Heavy Ratio. If the adopting Employer maintains or has ever maintained a qualified defined benefit plan, for purposes of establishing present value to compute the top-heavy ratio, any benefit shall be discounted only for mortality and interest based on the following:: Interest Rate: 8% ------ Mortality Table: UP '84 ------

Appears in 2 contracts

Sources: Prototype Defined Contribution Plan Adoption Agreement (Corporate Realty Consultants Inc), Prototype Defined Contribution Plan Adoption Agreement (Innerdyne Inc)

Top-Heavy Ratio. If the adopting Employer maintains or has ever maintained a qualified defined benefit plan, for purposes of establishing present value to compute the top-heavy ratio, any benefit shall be discounted only for mortality and interest based on the following:: Interest Rate 8% Mortality Table: UP'84

Appears in 1 contract

Sources: 401(k) Plan Adoption Agreement (Republic Banking Corp of Florida)

Top-Heavy Ratio. If the adopting Employer maintains or has ever maintained a qualified defined benefit plan, for purposes of establishing present value to compute the top-heavy ratio, any benefit shall be discounted only for mortality and interest based on the following:: Interest Rate: 8 % ------ Mortality Table: UP' 84 ------

Appears in 1 contract

Sources: Prototype Defined Contribution Plan (Aastrom Biosciences Inc)

Top-Heavy Ratio. If the adopting Employer maintains or has ever maintained a qualified defined benefit plan, for purposes of establishing present value to compute the top-heavy ratio, any benefit shall be discounted only for mortality and interest based on the following:: Interest Rate: 8 % --------- Mortality Table: UP '84 ---------

Appears in 1 contract

Sources: 401(k) Plan Adoption Agreement (Seitel Inc)

Top-Heavy Ratio. If the adopting Employer maintains or has ever maintained a qualified defined benefit plan, for purposes of establishing present value to compute the top-heavy ratio, any benefit shall be discounted only for mortality and interest based on the following: Interest Rate: 8% -- Mortality Table:UP'84 -----

Appears in 1 contract

Sources: Prototype Defined Contribution Plan Adoption Agreement (Prentiss Properties Trust/Md)

Top-Heavy Ratio. If the adopting Employer maintains or has ever maintained a qualified defined benefit plan, for purposes of establishing present value to compute the top-heavy ratio, any benefit shall be discounted only for mortality and interest based on the following:: Interest Rate: 8 % --- Mortality Table: UP '84 ------

Appears in 1 contract

Sources: Prototype Defined Contribution Plan Adoption Agreement (MSC Industrial Direct Co Inc)

Top-Heavy Ratio. If the adopting Employer maintains or has ever maintained a qualified defined benefit plan, for purposes of establishing present value to compute the top-heavy ratio, any benefit shall be discounted only for mortality and interest based on the following:: Interest Rate: 5% Mortality Table: GAM

Appears in 1 contract

Sources: 401(k) Plan Adoption Agreement (Bertuccis of White Marsh Inc)

Top-Heavy Ratio. If the adopting Employer maintains or has ever maintained a qualified defined benefit plan, for purposes of establishing present value to compute the top-heavy ratio, any benefit shall be discounted only for mortality and interest based on the following:: Interest Rate: 8% --- Mortality Table: UP '84 ------

Appears in 1 contract

Sources: 401(k) Plan Adoption Agreement (Sterling Financial Corp /Wa/)

Top-Heavy Ratio. If the adopting Employer maintains or has ever maintained a qualified defined benefit plan, for purposes of establishing present value to compute the top-heavy ratio, any benefit shall be discounted only for mortality and interest based on the following:: Interest Rate: 8% Mortality Table: UP `84

Appears in 1 contract

Sources: 401(k) Plan Adoption Agreement (Gadzooks Inc)

Top-Heavy Ratio. If the adopting Employer maintains or has ever maintained a qualified defined benefit plan, for purposes of establishing present value to compute the top-heavy ratio, any benefit shall be discounted only for mortality and interest based on the following:: Interest Rate: 7 % Mortality Table: GAM '71

Appears in 1 contract

Sources: 401(k) Plan Adoption Agreement (Pennfed Financial Services Inc)