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

Samples: Prototype Defined Contribution Plan Adoption Agreement (Media 100 Inc), Prototype Defined Contribution Plan Adoption Agreement (Labor Ready Inc), Prototype Defined Contribution Plan Adoption Agreement (Samuels Jewelers Inc)

AutoNDA by SimpleDocs

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

Samples: 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: 5% Mortality Table: GAM

Appears in 1 contract

Samples: 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

Samples: 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

Samples: 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

Samples: 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: 7 % Mortality Table: GAM '71

Appears in 1 contract

Samples: 401(k) Plan Adoption Agreement (Pennfed Financial Services 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

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

AutoNDA by SimpleDocs

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

Samples: 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

Samples: 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% (insert a reasonable interest rate) Mortality table: UP '84 (insert a reasonable mortality rate)

Appears in 1 contract

Samples: Adoption Agreement (Books a Million 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

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

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!