Employer Contribution Account definition

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 Account means a record of employer contributions to
Employer Contribution Account means the portion of a Participant’s Account attributable to Employer Contributions and Earnings thereon.

Examples of Employer Contribution Account in a sentence

  • In the event the former Participant does repay the full amount distributed to him, his Employer Contribution Account balance will be restored to the amount on the date of distribution.

  • The nonforfeitable percentage of each Participant's Employer Contribution Account determined in accordance with the vesting formula specified in the Adoption Agreement.

  • When a Participant's employment is terminated on account of retirement, death, disability, or otherwise, the Vested Percentage of his Employer Contribution Account (after all required adjustments thereto) shall be determined in accordance with this Article and the vesting formula specified in the Adoption Agreement as of termination of employment.

  • The account established and maintained for each Participant consisting of the Participant's Employer Contribution Account and certain transfers, where no accounting has been maintained with respect to principal and interest on Elective Deferrals or other unknown amounts that are part of the Employee’s 403(b) account.

  • The difference between the balance of the Participant's Employer Contribution Account and the Participant's Vested Percentage shall be forfeiture and shall be allocated pursuant to Section 12.15 below.


More Definitions of Employer Contribution Account

Employer Contribution Account means the book-keeping account documenting total employer contributions made on behalf of the participant under the defined contribution part, or transferred from the defined benefit part under paragraph (b) of section 48(2), plus interest credited in accordance with rules prescribed by regulations;
Employer Contribution Account means any account maintained for a Participant pursuant to Section 4.3.
Employer Contribution Account means the (i) sum of any Employer Contributions made to the Plan in accordance with Section 3.1(d), plus or less, as the case may be (ii) amounts credited or debited in accordance with all the applicable crediting provisions of this Plan that relate to the foregoing amount, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the foregoing amounts.
Employer Contribution Account means (a) the sum of all of a Participant’s Annual Employer Contribution Amounts, plus (b) amounts credited in accordance with all the applicable crediting provisions of the Plan that relate to the Participant’s Employer Contribution Account, less (c) all distributions made to the Participant or his or her Beneficiary pursuant to the Plan that relate to the Participant’s Employer Contribution Account.
Employer Contribution Account means the Account established for the benefit of the Participant under Article V which consists of any Employer contributions made on behalf of the Participant to the Plan, and the earnings on such amounts.
Employer Contribution Account means an account established and maintained by the administrator or Trustee to receive a Participant’s share of Employer Contributions to the Plan other than matching Employer Contributions provided in Section 3.2(b)(iii)(B) (matching Employer Contributions provided in Section 3.2(b)(iii)(B) are credited to the Participant’s ORP Employer Match Account).
Employer Contribution Account means that portion of a Participant’s Plan Account which is attributable to contributions made under Section 3.1.