Uniform Points Allocation Formula Sample Clauses

Uniform Points Allocation Formula. The Employer in its Nonstandardized Plan or Volume Submitter Plan may elect a uniform points allocation formula. The Plan Administrator will allocate any Employer Contribution for a Plan Year in the same ratio that each Participant's points bear to the total points of all Participants for the Plan Year. The Plan Administrator determines a Participant's points in accordance with the Employer's Adoption Agreement elections under which the Employer will elect to define points based on Years of Service, Compensation and/or age.

Uniform Points Allocation Formula. The Plan Administrator will allocate the Employer contributions for a Plan Year in the same ratio that each Participant’s points (as elected in Adoption Agreement Section 3.04) bear to the total points of all Participants for the Plan Year.

Uniform Points Allocation Formula. The allocation for each eligible Participant will be determined by a uniform points method. Each eligible Participant’s allocation shall bear the same relationship to the Employer contribution as the Participant’s total points bears to all points awarded. Each eligible Participant will receive _____ points for each of the following: ¨ 1. year(s) of age. ¨ 2. Year(s) of Service determined:

Uniform Points Allocation Formula. With respect only to nonstandardized plans and if elected in the Adoption Agreement, the Employer shall allocate contributions and forfeitures, pursuant to the Uniform Points Allocation Formula selected.

Uniform Points Allocation Formula. The allocation for each eligible Participant will be determined on a uniform points method. Each eligible Participant's allocation shall bear the same relationship to the Employer contribution as the Participant's total points bears to all points awarded. Each eligible Participant will receive _____ points for each of the following: [ ]1._____ year(s) of age. [ ]2._____ Year(s) of Service determined: x. Xx the same manner as determined for eligibility. x. Xx the same manner as determined for vesting. [ ]c.Points will not be awarded with respect to Year(s) of Service in excess of _____. [ ]3.$_________ (not to exceed $200) of Compensation.

Uniform Points Allocation Formula. The allocation for each eligible Participant will be determined by a uniform points method. Each eligible Participant’s allocation shall bear the same 20 §401(k) Plan AA #010 relationship to the Employer contribution as the Participant’s total points bears to all points awarded. Each eligible Participant will receive points for each of the following: ¨ 1. year(s) of age. ¨ 2. Year(s) of Service determined: ¨ a. In the same manner as determined for eligibility. ¨ b. In the same manner as determined for vesting. ¨ c. Points will not be awarded with respect to Year(s) of Service in excess of . ¨ 3. $ (not to exceed $200) of Compensation.

Uniform Points Allocation Formula. The Employer in its Adoption Agreement may elect a uniform points allocation formula. The Plan Administrator will allocate any Employer Contribution for a Plan Year in the same ratio that each Participant's points bear to the total points of all Participants for the Plan Year. The Plan Administrator determines a Participant's points in accordance with the Employer's Adoption Agreement elections under which the Employer will elect to define points based on Years of Service, Compensation and/or age.

Uniform Points Allocation Formula. The allocation for each eligible Participant will be determined by a uniform points method. Each eligible Participant’s allocation shall bear the same relationship to the Employer contribution as the Participant’s total points bear to all points awarded. Each eligible Participant will receive points for each of the following: o a. year(s) of age. o b. Year(s) of Service determined: o i. In the same manner as determined for eligibility. o ii. In the same manner as determined for vesting. o iii. Points will not be awarded with respect to Year(s) of Service in excess of . o c. $ (not to exceed $200) of Compensation.

Uniform Points Allocation Formula. The allocation for each eligible Participant will be determined by a uniform points method. Each eligible Participant’s allocation shall bear the same relationship to the Employer contribution as the Participant’s total points bears to all points awarded. Each eligible Participant will receive points for each of the following: ¨ 1. year(s) of age. ¨ 2. Year(s) of Service determined: