Examples of Employer Matching Contributions Account in a sentence
Employer Matching Contributions made with respect to Roth Compensation Reduction Contributions will be allocated to the Employer Matching Contributions Account.
In addition SMEs are unable to provide reliable financial information and business plan; this will be leading to banks to incur higher cost in dealing with the SMEs as a result banks unable to assess the creditworthiness of individual SMEs and this will lead banks either grant small loan or reject.
Employer Matching Contributions shall be allocated to the Member’s Employer Matching Contributions Account on a payroll-period basis, as of the last Valuation Date in the payroll period.
Except as otherwise provided in this Section 7.06, any Suspension Account shall be treated as though it were the Participant's Employer Matching Contributions Account from which it was derived for all purposes hereof.
Excess Aggregate Contributions shall be forfeited if otherwise forfeitable under the terms of the Plan (or if not forfeitable, distributed) from the Employer Matching Contributions Account of the Participant in proportion to the Employer Matching Contributions for the Plan Year.