Examples of Employer Profit Sharing Contributions in a sentence
Employer Profit Sharing Contributions Your "vested percentage" in your account attributable to profit sharing contributions is determined under the following schedule.
All of a Participant's Years of Service with the Employer shall be counted to determine the nonforfeitable percentage of his Employer Profit Sharing Contributions Account and/or his Employer Pension Contributions Account except those Years of Service excluded under item 7 of the Adoption Agreement.
Employer Pension Contributions and Employer Profit Sharing Contributions must be made no later than the due date, including extensions thereof, for filing the Employer's Federal income tax return for the year coincident with or within which the Plan Year ends (or such later time as authorized by Treasury Regulations).
Employer Profit Sharing Contributions shall be allocated to the Individual Accounts of Qualifying Participants in the ratio that each Qualifying Participant's Compensation for the Plan Year bears to the total Compensation of all Qualifying Participants for the Plan Year.
A Member shall be eligible for an allocation of Employer Profit Sharing Contributions for a Contribution Determination Period in all events.