Examples of ACP in a sentence
Forfeitures of nonvested ACP Test Safe Harbor Matching Contributions will be used to reduce the Employer's Contribution.
For the first Plan Year this Plan permits any Participant to make Employee Contributions, provides for Matching Contributions or both, and this is not a successor plan, for purposes of the foregoing tests, the prior year's Non-highly Compensated Employees' ACP shall be 3 percent unless the Employer has elected in the Adoption Agreement to use the Plan Year's ACP for these Participants.
The Employer also may elect to use Elective Deferrals in the Contribution Percentage Amounts so long as the ADP test is met before the Elective Deferrals are used in the ACP test and continues to be met following the exclusion of those Elective Deferrals that are used to meet the ACP test.
Algebraic process calculi like CSP [47], ACP [8] and CCS [67] are well-known formal models for specification of computing systems and analysis of their behavi- our.
Theory of Communicating Processes with discrete stochastic time (TCP dst) [63, 64], later called Theory of Communicating Processes with discrete real and stochastic time (TCP drst) [62], is another stochastic extension of ACP.