Frozen Plan. If the Employer has discontinued all further contributions to the Plan, check here [ ]. The Employer and the Trustee shall, however, continue to maintain the Plan and Trust in accordance with the requirements of the Internal Revenue Code and the Treasury regulations thereunder.
Examples of Frozen Plan in a sentence
Under a Frozen Plan, the Employer and the Participants will not make any contributions to the Plan.
An Eligible Employee will not become a Participant in a Frozen Plan after the date the Plan becomes a Frozen Plan.
The Employer in its Adoption Agreement may elect to treat the Plan as a Frozen Plan.
An Eligible Employee will not become a Participant in a Frozen Plan.
A Frozen Plan remains subject to all exclusion and reporting requirements except as Applicable Law otherwise provides other than those related to required funding and the Plan provisions continue in effect until the Employer terminates the Plan.
More Definitions of Frozen Plan
Frozen Plan means the El Paso Corporation Supplemental Benefits Plan, as Amended and Restated most recently effective as of December 7, 2001, as amended most recently effective as of December 31, 2004 to cease all accruals thereunder, other than interest credits and other earnings accrued following December 31, 2004 in respect of amounts accrued thereunder on or prior to December 31, 2004.
Frozen Plan means the Mercantile Bankshares Corporation and Participating Affiliates Unfunded Deferred Compensation Plan.
Frozen Plan means the Liz Claiborne, Inc. Frozen Supplemental Executive Retirement Plan.
Frozen Plan means the CIGNA Supplemental Pension Plan, originally adopted effective January 1, 1983, as amended, and as frozen effective December 31, 2004.
Frozen Plan means the PetSmart, Inc. Amended & Restated Deferred Compensation Plan, as in effect on October 3, 2004.
Frozen Plan means the Lancaster Colony Corporation Executive Employee Deferred Compensation Plan established effective as of January 1, 2000, under which all post-December 31, 2004 deferrals and crediting of hypothetical earnings have ceased.
Frozen Plan. The Plan was frozen by the Employer effective . As of such date, no additional Employees may become Participants and no additional contributions will be made to the Plan.
VI. ALLOCATION OF EMPLOYER CONTRIBUTIONS: (Select one.) [X] A. NONINTEGRATED PLAN: Employer discretionary or formula contributions will be allocated on the basis of Compensation as follows:
1. In the ratio that each Participant's Compensation bears to the aggregate Compensation for all Participants (Fixed Contributions, Transition Contributions and Variable Performance Contributions).
2. Other: