Discretionary Employer Contributions Account definition

Discretionary Employer Contributions Account means the account established and maintained for a Participant to record amounts held in the Trust Fund which are attributable to Discretionary Employer Contributions made in accordance with subsection 5.1(c) hereof.
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Discretionary Employer Contributions Account means the account established and maintained for a Participant to record amounts held in the Trust Fund which are attributable to Discretionary Employer Contributions made by a Participating Employer on behalf of such Participant in accordance with subsection 5.1(c) hereof.
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Discretionary Employer Contributions Account means the account
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Examples of Discretionary Employer Contributions Account in a sentence

  • Each Participant shall at all times have a one hundred percent (100%) Vested Interest in the value of his Discretionary Employer Contributions Account.

  • At age 57, the Participant was permitted to direct the investment of all of his Accounts into any of the investment funds offered pursuant to Section 9.1. Effective January 1, 1999, future contributions to a Participant's Before-Tax Matching Contributions Account and Discretionary Employer Contributions Account will be made to the Company Stock Fund.

  • Prior to January 1, 1997, the Plan Administrator restricted investment of the Participants Before-Tax Contributions Account, Before-Tax Matching Contributions Account, and the Discretionary Employer Contributions Account to the Company Stock Fund until the Participant reached 57 years of age.

  • Discretionary Employer Contributions made on behalf of a Participant, as adjusted for withdrawals thereof, investment gain and losses, and income or expenses, shall constitute such Participant's Discretionary Employer Contributions Account.

  • Each Participant may direct the Employer as to how his or her Compensation Deferral Account, Discretionary Employer Contributions Account and Supplemental Employer 401(k) Account ("Directed Accounts") shall be deemed to be invested.

  • Upon receiving the total Discretionary Employer Contributions, if any, made by the Company or a Participating Affiliate for such Plan Year, the Plan Administrator will cause the Trustee to allocate the Discretionary Employer Contributions (which may vary from the Company to Participating Affiliate or Participating Affiliate to Participating Affiliate) to the Discretionary Employer Contributions Account of each Member listed on the schedule in proportion to his Compensation.

  • The separate accounts shall be the Participant’s “Elective Deferral Credits Account”, “Restorative Match Account” and Special Discretionary Employer Contributions Account.

  • If the Plan is determined to be top-heavy under the provisions of Section 14.1 with respect to a Plan Year, then effective as of the first day of such Plan Year, a Member's vested interest in his Matching Contributions Account and Discretionary Employer Contributions Account shall be fully vested and nonforfeitable after three Years of Service.

  • The Discretionary Employer Contribution made on behalf of an Eligible Employee shall be made in cash or in shares of BOK Financial Corporation Common Stock and shall be credited and allocated to each such Eligible Employee's Discretionary Employer Contributions Account.

  • Discretionary Employer Contributions shall be credited to the Member's Discretionary Employer Contributions Account.


More Definitions of Discretionary Employer Contributions Account

Discretionary Employer Contributions Account means the Account maintained for each Participant that is credited in accordance with Section 3.4 on behalf of each such Participant.
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Discretionary Employer Contributions Account means the portion of such Member's Accounts which evidences the value of the Discretionary Employer Contributions made on his behalf by the Company, including any gains or losses of the Trust attributable thereto;
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Related to Discretionary Employer Contributions Account

  • Employer Contribution Account means, for any Participant, the account established by the Administrator or Trustee to which Employer Contributions made under Section 3.5 for the Participant's benefit are credited.

  • Employer Contribution means the amount paid by an employer, as determined by the employer rate, including the normal and deficiency rates, contributions, and funds wherever used in this chapter.

  • Matching Contribution Account means the separate, individual account established on behalf of a Participant to which the Matching Contributions made on such Participant's behalf are credited, together with all earnings and appreciation thereon, and against which are charged any withdrawals, loans and other distributions made from such account and any losses, depreciation or expenses allocable to amounts credited to such account.

  • Employer Contributions means the amount transferred by an employer to a funding account or a health reimbursement account.

  • Employer Account The Participant's Matching 401(k) Contributions Account, Matching Thrift Contributions Account, Employer Contributions Account, Qualified Matching Contributions Account and Qualified Nonelective Contributions Account, as the case may be.

  • Matching Account means the account maintained on the books of the Employer for the purpose of accounting for the Matching Amount and for the amount of investment return credited thereto for each Participant pursuant to Article V.

  • Employer Matching Contributions means the Employer matching contributions made to the Trust Fund pursuant to Article V (Employer Matching Contributions).

  • Rollover Contribution Account means the separate Account maintained for a Member to record such Member's share of the Trust Fund attributable to any Rollover Contribution made to the Plan on his behalf.

  • Elective Deferral Account means the account established hereunder to which Elective Deferrals (including a separate accounting for Catch-Up Contributions) are allocated. Amounts in the Participant's Elective Deferral Account are nonforfeitable when made and are subject to the distribution restrictions of Section 12.2(e). The Elective Deferral Account may consist of the

  • Discretionary Contribution means the contribution made by the Employer on behalf of a Participant as described in Section 4.4(b).

  • Qualified Matching Contributions means Matching Contributions which are immediately nonforfeitable when made, and which would be nonforfeitable, regardless of the age or service of the Employee or whether the Employee is employed on a certain date, and which may not be distributed, except upon one of the events described under Section 401(k)(2)(B) of the Code and the regulations thereunder.

  • Company Matching Account means (i) the sum of all of a Participant's Annual Company Matching Amounts, plus (ii) amounts credited in accordance with all the applicable crediting provisions of this Plan that relate to the Participant's Company Matching Account, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant's Company Matching Account.

  • Matching Contributions means local cash and/or in-kind contributions made by the Subrecipient, subcontractor, or other local resources that qualify as match for the Contract funding.

  • Profit Sharing Account means any one of the accounts so designated and provided for in Section 6.01.

  • Qualified Matching Contribution means any employer contribution allocated to an Eligible Employee's account under any plan of an Employer or a Related Company solely on account of "elective contributions" made on his behalf or "employee contributions" made by him that is a qualified matching contribution as defined in regulations issued under Code Section 401(k), is nonforfeitable when made, and is distributable only as permitted in regulations issued under Code Section 401(k).

  • Deferred Compensation Account means the account maintained with respect to each Participant under the Plan. The Deferred Compensation Account shall be credited with Participant Deferral Credits and Employer Credits, credited or debited for deemed investment gains or losses, and adjusted for payments in accordance with the rules and elections in effect under Section 8. The Deferred Compensation Account of a Participant shall include any In-Service or Education Account of the Participant, if applicable.

  • Matching Contribution means an Employer contribution made to this or any other defined contribution plan on behalf of a Participant on account of a Participant's Deferral Contribution.

  • Voluntary Contribution Account means the account established and maintained by the Administrator for each Participant with respect to his total interest in the Plan resulting from the Participant's nondeductible voluntary contributions made pursuant to Section 4.12.

  • Retirement Account means any retirement or pension fund or account, listed in Iowa Code section 627.6(8)“f” as exempt from execution, regardless of the amount of contribution, the interest generated, or the total amount in the fund or account.

  • Deferral Contributions are Salary Reduction Contributions and Cash or Deferred Contributions the Employer contributes to the Trust on behalf of an Eligible Employee, irrespective of whether, in the case of Cash or Deferred Contributions, the contribution is at the election of the Employee. For Salary Reduction Contributions, the terms "deferral contributions" and "elective deferrals" have the same meaning.

  • Company Contribution Account means (i) the sum of the Participant’s Company Contribution Amounts, plus (ii) amounts credited or debited to the Participant’s Company Contribution Account in accordance with this Plan, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant’s Company Contribution Account.

  • ESOP Account means a Participant’s account to which are credited Matching Contributions made to the Plan after March 31, 1989, and earnings and losses thereon.

  • Company Matching Contributions means any contributions made to the Company Matching Account of a Participant by a Participating Employer as provided for in Section 4.02.

  • Contribution Account means an account, or accounts, into which the Accountholder and employer contributions are deposited by the TPA, and from which HSA dollars are swept into the Cash Account.

  • Participant’s Account means an account maintained for each Participant’s participation in DSUs and/or RSUs under the Plan;

  • Nonelective Contribution means an amount contributed by a participating