Common use of Voluntary After-tax Contributions Clause in Contracts

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)

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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)

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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)

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