ACP definition

ACP means the "Actual Contribution Percentage" determined pursuant to Section 12.6(d).
ACP means the average of the Contribution Percentages of the Eligible Participants in a group.

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.


More Definitions of ACP

ACP or "Average Contribution Percentage". The Average Percentage calculated using Contributions allocated to Participants as of a date within the Plan Year.
ACP has the meaning given to such term in the introductory paragraph hereof.
ACP means agricultural conservation program, as refer- enced in 7 CFR, part 701 and part 1413.
ACP means the African Caribbean and Pacific Group of States;
ACP means the design, manufacture, construction, development, startup, completion, operation, financing, maintenance and improvement of a front-end nuclear fuel facility utilizing U.S. gas centrifuge enrichment technology and related infrastructure assets and properties.