TWO OR MORE PLANS. Code Section 415 limitation on annual additions If the Employer maintains or ever maintained another qualified plan in which any Participant in this Plan is (or was) a participant or could become a participant, the Employer must complete this section. The Employer must also complete this section if it maintains a welfare benefit fund, as defined in Section 419(e) of the Code, or an individual medical account, as defined in Section 415(l)(2) of the Code, under which amounts are treated as annual additions with respect to any Participant in this Plan.
Appears in 5 contracts
Samples: Adoption Agreement (Lexington Precision Corp), Adoption Agreement (Lawter International Inc), Adoption Agreement (Risk Capital Holdings Inc)
TWO OR MORE PLANS. Code Section 415 limitation on annual additions If the Employer maintains or ever maintained another qualified plan in which any Participant in this Plan is (or was) a participant or could become a participant, the Employer must complete this section. The Employer must also complete this section if it maintains a welfare benefit fund, as defined in Section 419(e) of the Code, or an individual medical account, as defined in Section 415(l)(2415(1)(2) of the Code, under which amounts are treated as annual additions with respect to any Participant in this Plan.
Appears in 2 contracts
Samples: Plan Adoption Agreement (Jevic Transportation Inc), Standardized Adoption Agreement (Millbrook Press Inc)
TWO OR MORE PLANS. Code Section 415 limitation on an annual additions additions: If the Employer maintains or ever maintained another qualified plan in which any Participant in this Plan is (or was) a participant or could become a participant, the Employer must complete this section. The Employer must also complete this section if it maintains a welfare benefit fund, as defined in Section 419(e) of the Code, or an individual medical account, as defined in Section 415(l)(2) of the Code, under which amounts are treated as annual additions Annual Additions with respect to any Participant in this Plan.
Appears in 1 contract