Elective Deferrals Account definition

Elective Deferrals Account. The Account established for a Participant pursuant to Section 3.8.1.

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Elective Deferrals Account means the account to which a Participant’s Elective Deferral Contributions, Catch-Up Contributions, and earnings and losses on such contributions are credited, to the extent such contributions are provided for in the Adoption Agreement.

Elective Deferrals Account. 4 1.29 "Eligible Employee" 4 1.30 "Eligible Participant" 4 1.31 "Employee" 4 1.32 "Employee Thrift Contributions" 4 1.33 "Employee Thrift Contributions Account" 4 1.34 "Employer" 4 1.35 "Employer Account" 4 1.36 "Employer Contributions" 4 1.37 "Employer Contributions Account" 4 1.38 "Employment" 4 1.39 "Entry Date" 4 1.40 "ERISA" 4 1.41 "Excess Aggregate Contributions" 5 1.42 "Excess Contributions" 5 1.43 "Excess Elective Deferrals" 5 1.44 "Family Member" 5 1.45 "401(k) Contributions Accounts" 5 1.46 "401(k) Election" 5 1.47 "Fully Vested Separation" 5 1.48 "Group Trust" 5 1.49 "Highly Compensated Employee" 5 1.50 "Hour of Service" 6 1.51 "Immediately Distributable" 6 1.52 "Investment Manager" 6 1.53 "Key Employee" 6 TABLE OF CONTENTS

Examples of Elective Deferrals Account in a sentence

Amounts distributed under this Section 3.4.2(D) shall first be distributed from the Participant's Elective Deferrals Account and Qualified Matching Contributions Account in proportion to the Participant's Elective Deferrals and Qualified Matching Contributions (to the extent used in the ADP Test) for the Plan Year.
Excess Contributions shall be distributed from the Participant's Qualified Nonelective Contributions Account only to the extent that such Excess Contributions exceed the balance in the Participant's Elective Deferrals Account and Qualified Matching Contributions Account.
Any such contribution shall be credited to the Employee's Elective Deferrals Account.
Excess Contributions shall be distributed from the Participating Employee's Qualified Non-Elective Contributions Account only to the extent that such Excess Contributions exceed the balance in the Participating Employee's Elective Deferrals Account and Matching Contributions Account.
An Elective Deferrals Account shall be established for each Eligible Participant who makes a 401(k) Election to which the Administrator shall credit, or cause to be credited, Elective Deferrals allocable to each such Participant, plus earnings or losses thereon.
The Plan Administrator shall allocate each Participant's ------------------ Elective Deferrals to the Participant's Elective Deferrals Account.
If the Plan permits or has ever permitted -------------------------- contributions under a Cash or Deferred Arrangement, the Plan Administrator shall maintain an Elective Deferrals Account in the name of each Participant to reflect the Participant's Accrued Benefit under the Plan derived from contributions made under a Cash or Deferred Arrangement and Employer Nonelective Contributions.
Excess Contributions shall be distributed from the Participant's Qualified Nonelection Contributions Account only to the extent that such Excess Contributions exceed the balance in the Participant's Elective Deferrals Account and Qualified Matching Contributions Account.
For purposes of eligibility to participate, an Eligible Employee or Participant without any vested interest in any Employer Account and without an Elective Deferrals Account who terminates Employment shall lose credit for his or her Years of Service prior to such termination of Employment if his or her Period of Service equals or exceeds five years or, if greater, the aggregate number of Years of Service.
If the Plan Administrator determines ------------------------------------ the Plan fails to satisfy the ADP test for a Plan Year, it shall distribute the Excess Contributions, as adjusted for allocable income or loss, from the Participant's Elective Deferrals Account no later than the last day of the succeeding Plan Year.

More Definitions of Elective Deferrals Account

Elective Deferrals Account means the account maintained on behalf of each Participant which will represent the amount of Elective Deferrals made on behalf of such Participant pursuant to Section 4.1 of the Plan and the amount of deemed investment earnings and losses on such Participant’s Elective Deferrals.

Elective Deferrals Account means the accounts maintained to reflect the interest of the Participant in the Individual Agreement attributable to his Elective Deferrals.

Elective Deferrals Account means the account to which a Participant’s pre-tax elective deferrals, pre-tax Catch-Up Contributions, and earnings and losses on such contributions are credited.

Elective Deferrals Account means the Account established for a Participant pursuant to Section 3.08(a).

Elective Deferrals Account means the Account that reflects a Participant's interest under the Plan attributable to Elective Deferrals. All Elective Deferrals Accounts are held under the 401(k) Portion.

Elective Deferrals Account means an account maintained for a Participant which reflects the elective deferrals credited under the Plan for the benefit of the Participant pursuant to Section 3.1.