Employee Voluntary Contribution Account definition

Employee Voluntary Contribution Account means the Account established for a Participant in accordance with Section 4.01(b) that reflects his or her share of the Trust Fund attributable to his/her Voluntary Contributions.
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Employee Voluntary Contribution Account means the Account established for a
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Employee Voluntary Contribution Account means the Account established for a Participant in accordance with S under section 4.01(b) that reflects his or her the Participant’s share of the Trust Fund attributable to his/her the Participant’s Voluntary Contributions.
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Examples of Employee Voluntary Contribution Account in a sentence

  • Such Accounts may include the Compensation Reduction Contributions Account, the Roth Compensation Reduction Contributions Account, the Employer Matching Contribution Account, the Employer Non-Elective Contribution Account, the Employee Voluntary Contribution Account, and the Employee Rollover Contribution Account.

  • Such amounts shall be made by payroll deduction pursuant to a salary reduction arrangement and shall be credited to the Participant’s Employee Voluntary Contribution Account, and shall be referred to as Voluntary Contributions.

  • A Participant shall be 100% vested at all times in amounts held in his or her Employee Mandatory Contribution Account, Employee Voluntary Contribution Account and Employer Mandatory Matching Contribution Account at all times.

  • Time based fees 3.1. The Employer may order duties that fall outside the scope of the project as tendered.

  • The offer described in this LOI is open for acceptance by the Seller until the expiration date of [date].

  • A Participant can elect to withdraw amounts from the Participant’s Employee Voluntary Contribution Account, as provided below in this Article.

  • Separate sub-accounts of the Employee Voluntary Contribution Account shall be maintained for Employee Voluntary Contributions made to the Plan during the periods such contributions were permitted under the Plan.

  • Such amounts shall be credited to the Participant’s Employee Voluntary Contribution Account, and shall be referred to as Voluntary Contributions.

  • The Plan Record Keeper will establish and maintain separate records of each Participant's Pre-Tax Compensation Reduction Contributions Account, Roth Compensation Reduction Contributions Account, Employer Matching Contribution Account, Employer Non-Elective Contribution Account, Employee Voluntary Contribution Account, Employee Rollover Contribution Account, and one or more investment accounts within said Accounts.

  • If the vested value of a Participant’s Accounts as of retirement, disability, death, termination of employment or thereafter is greater than $1,000 but less than or equal to $5,000, and the Participant has not given alternate direction, then such benefit shall be placed in a direct rollover to an individual retirement plan selected by the Plan Administrator, together with the value of the Participant’s Employee Mandatory Contribution Account and Employee Voluntary Contribution Account.


More Definitions of Employee Voluntary Contribution Account

Employee Voluntary Contribution Account means a sub-account established as part of a Participant's Account for the purpose of identifying that portion of the Participant's Account which is attributable to the Participant's own voluntary nondeductible contributions. The maintenance of such sub-account is for accounting purposes only and segregation of the assets of the Plan shall not be required.
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Related to Employee Voluntary Contribution Account

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • Voluntary Contributions means voluntary amounts contributed by a member or participating member into a health reimbursement account. However, to the extent required by applicable law, voluntary amounts shall not be contributed through a salary reduction election under a cafeteria plan pursuant to section 125 of the internal revenue code, 26 USC 125.

  • 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.

  • 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.

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

  • 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.

  • 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.

  • 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.

  • 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.

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

  • 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.

  • Individual retirement account means a trust, custodial arrangement, or annuity under Section 408(a) or (b), Internal Revenue Code of 1954 (26 U.S.C. Section 408 (1986)).

  • Payroll Deduction Account means the bookkeeping account established for a Participant in accordance with Section 6.

  • Company Contribution means that portion of the main extension costs which the Company will fund based upon the following formula:

  • Designated Retirement Account means any retirement plan or account described or qualified under the Internal Revenue Code of 1986, as amended, or a subaccount thereof.

  • 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.

  • Employee Account means any brokerage account or unit investment trust account in which the Van Kampen Employee has any direct or indirect beneficial ownership.

  • 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).

  • Nonelective Contribution means an amount contributed by a participating

  • 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

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

  • Company Contribution Amount means, for any one Plan Year, the amount determined in accordance with Section 3.5.