Voluntary After-tax Contributions. If the Employer wishes to reserve the right to recharacterize Elective Deferrals as Voluntary After-tax Contributions in order to pass the ADP/ACP Test, this section must be completed. [x] 1. The Plan does not permit Voluntary After-tax Contributions.
Appears in 5 contracts
Samples: Nonstandardized Adoption Agreement (Connecticut Water Service Inc / Ct), Nonstandardized Adoption Agreement (1st Constitution Bancorp), Nonstandardized Adoption Agreement (Connecticut Water Service Inc / Ct)
Voluntary After-tax Contributions. If the Employer wishes to reserve the right to recharacterize Elective Deferrals as Voluntary After-tax Contributions in order to pass the ADP/ACP Test, this section must be completed. [x] 1. The Plan does not permit Voluntary After-tax Contributions.
Appears in 5 contracts
Samples: Nonstandardized Adoption Agreement (First Northwest Bancorp), Nonstandardized Adoption Agreement (United Community Bancorp), Prototype Defined Contribution Plan (Fraternity Community Bancorp Inc)
Voluntary After-tax Contributions. If the Employer wishes to reserve the right to recharacterize Elective Deferrals as Voluntary After-tax Contributions in order to pass the ADP/ACP ADPIACP Test, this section must be completed. [x] 1. The Plan does not permit Voluntary After-tax Contributions.
Appears in 1 contract
Samples: Nonstandardized Adoption Agreement (BBCN Bancorp Inc)