Elective Deferral Contributions definition

Elective Deferral Contributions means pre-tax contributions by an Active Participant as described in Section 3.2(a).
Elective Deferral Contributions means Employer contributions made to the Plan at the election of the Participant, in lieu of cash compensation, and shall include contributions made pursuant to a salary reduction agreement or other deferral mechanism. Elective Deferral Contributions shall be made in either percentage or dollar increments. Elective Deferral Contributions shall not include any amount properly distributed as excess annual additions.
Elective Deferral Contributions means the contributions made by the Employer pursuant to Section 4.1 on behalf of each Participant who has entered into an Elective Deferral Agreement.

Examples of Elective Deferral Contributions in a sentence

  • Elective Deferral Contributions are fully (100%) vested and nonforfeitable.

  • If the Plan Administrator should determine during the Plan Year that the ADP Test is not being met, the Plan Administrator may limit the amount of future Elective Deferral Contributions of the Highly Compensated Employees.

  • For purposes of the ADP Test, Elective Deferral Contributions, Qualified Nonelective Contributions, and Qualified Matching Contributions must be made before the end of the 12-month period immediately following the Plan Year to which the contributions relate.

  • The elective deferral agreement to stop Elective Deferral Contributions may be entered into on any date.

  • The Excess Elective Deferrals assigned to this Plan cannot exceed the Elective Deferral Contributions allocated under this Plan for such taxable year.


More Definitions of Elective Deferral Contributions

Elective Deferral Contributions. 2 Matching Contributions: 2 Nonelective Contributions: 2 Employee Contributions:__________
Elective Deferral Contributions means Contributions we make to fund this Plan in accordance with elective deferral agreements between Eligible Employees and us. Elective deferral agreements shall be made, changed, or terminated according to the provisions of Item N. (See Item N and Section 3.01.)
Elective Deferral Contributions means employer contributions made on behalf of a member pursuant to an election to defer under any qualified cash or deferred arrangement as described in Code Section 401(k), any simplified employee pension cash or deferred arrangement as described in Code Section 402(h)(1)(B), any eligible deferred compensation plan under Code Section 457, any plan as described under Code Section 501(c)(18), and any employer contributions made on behalf of a member for the purchase of an annuity contract under Code Section 403(b) pursuant to a salary reduction agreement. Elective Deferral Contributions shall not include any deferrals properly distributed as excess Annual Additions.
Elective Deferral Contributions means any employer contributions made to a plan at the election of a member, in lieu of cash compensation, and shall include contributions made pursuant to a salary reduction agreement or other deferral mechanism. With respect to any taxable year, a member’s Elective Deferral Contributions are the sum of all employer contributions made on behalf of such member pursuant to an election to defer under any qualified cash or deferred arrangement described in Code Section 401(k), any salary reduction simplified employee pension plan described in Code Section 408(k)(6), any SIMPLE IRA plan described in Code Section 408(p), any eligible deferred compensation plan under Code Section 457, any plan described under Code Section 501 (c)(1 8), and any employer contributions made on behalf of a member for the purchase of an annuity contract under Code Section 403(b) pursuant to a salary reduction agreement. Elective Deferral Contributions shall not include any deferrals properly distributed as excess annual additions.
Elective Deferral Contributions means Before Tax Contribution or After-Tax Contributions as elected by an Eligible Employee.
Elective Deferral Contributions means the contributions to the Trust Fund made on behalf of a Participant under Section 4.2(a) which are not includible in the Participant's gross income for federal income tax purposes.
Elective Deferral Contributions means amounts contributed to the Plan on behalf of a Participant under his or her Elective Deferral Agreement under Article V, including pursuant to automatic enrollment under Section 5.1(c). Elective Deferral Contributions are intended to qualify as “salary reduction” contributions under Code Section 401(k).