EPCRS definition

EPCRS has the meaning set forth in Section 5.02(m)(vii).

EPCRS has the meaning set forth in Section 4.02(v)(iii).

EPCRS means the IRS Employee Plans Compliance Resolution System.

Examples of EPCRS in a sentence

Without limiting the Administrator's authority under the prior sentence, the Administrator, as it determines to be reasonable and appropriate, may undertake correction of Plan document, operational, demographic and Employer eligibility failures under a method described in the Plan or under the IRS Employee Plans Compliance Resolution System ("EPCRS") or any successor program to EPCRS.
Without limiting the Administrator's authority under the prior sentence, the Administrator, as it determines to be reasonable and appropriate, may undertake correction of Plan document, operational, demographic and employer eligibility failures under a method described in the Plan or under the IRS Employee Plans Compliance Resolution System ("EPCRS") or any successor program to EPCRS.
However, if a contribution or allocation is made to a Participant’s Account in an amount that exceeds the Maximum Permissible Amount, such excess Annual Additions may be corrected pursuant to the correction procedures outlined under the IRS’ Employee Plans Compliance Resolution System (EPCRS) as set forth in Rev.
EPCRS includes the following basic elements: • Self-correction (SCP).
The procedural rules for Audit CAP are set forth in Internal Revenue Manual ("IRM") 7.2.2, EPCRS.

EPCRS means the Employee Plans Compliance Resolution System established by the Internal Revenue Service under Revenue Procedure 2013-12, modified by Revenue Procedure 2015-27 and as further modified or amended by any successor guidance thereto as from time to time in effect.

EPCRS shall have the meaning provided in Section 8.23(a).

EPCRS has the meaning ascribed to it in Section 2.12(n).

EPCRS has the meaning set forth in Section 3.11(d).

EPCRS is defined in Section 6.7 of this Agreement.

EPCRS means the IRS’s Employee Plans Compliance Resolution System for resolving plan defects, or any successor program.

EPCRS has the meaning set forth in Section 3.1(q)(iv).