Large employer group definition

Large employer group means an employer that is issued a policy by a carrier under this chapter with enrollment of 100 or more full-time employees.
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Large employer group means for a Plan year an employer who employed an average of more than 50 full-time employees on business days during the preceding calendar year ending prior to the Plan year and who employs at least 1 full-time equivalent employee on the first day of the Plan year determined in accordance with a methodology prescribed by the Department of Consumer and Business Services by rule. The Group represents that it is a Large Employer Group as prescribed above.
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Large employer group means an employer that is issued a policy by a carrier under Chapter 34 with enrollment of 100 or more full-time employees. "Full-time employees" would mean the term as used in Section 3701 of the Code: the term as calculated in 26 USC 4890h(c)(4), including application of the special rules for determining group size as defined in 26 USC 4980h(c)(2) and the specification that full-time equivalents are treated as full-time employees for purposes of determining group size, as described in 26 USC 4980h(c)(2)(e). (Title 26 USC 4890h(c)(4) defines "full-time employee" as, with respect to any month, an employee who is employed on average at least 30 hours of service per week. Title 26 USC 4980h(c)(2), defines "applicable large employer" as, with respect to a calendar year, an employee who employed an average of at least 50 full-time employees on business days during the preceding calendar year. Under 26 USC 4980h(c)(2)(e), solely for the purposes of determining whether an employer is an applicable large employer, an employer must include, in addition to the number of full-time employees for any month otherwise determined, for such month a number of full- time employees determined by dividing the aggregate number of hours of service of employees who are not full-time employees for the month by 120.)
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Examples of Large employer group in a sentence

  • Large employer group products are distributed primarily through health care consultants and brokers, while individual and small group products are distributed through agents or through captive sales forces.

  • Second, we examine the abnormal performance of our IPO sample using the Fama-French and momentum time-series regressions.

Related to Large employer group

  • Large employer means, in connection with a group health plan or health insurance coverage with

  • Employer Group means the Corporation and any Parent or Subsidiary and any other corporation or business controlled by, controlling or under common control with, the Corporation, as determined in accordance with Sections 414(b) and (c) of the Code and the Treasury Regulations thereunder, except that in applying Sections 1563(1), (2) and (3) of the Code for purposes of determining the controlled group of corporations under Section 414(b), the phrase “at least 50 percent” shall be used instead of “at least 80 percent” each place the latter phrase appears in such sections and in applying Section 1.414(c)-2 of the Treasury Regulations for purposes of determining trades or businesses that are under common control for purposes of Section 414(c), the phrase “at least 50 percent” shall be used instead of “at least 80 percent” each place the latter phrase appears in Section 1.4.14(c)-2 of the Treasury Regulations. Any such determination as to Separation from Service, however, shall be made in accordance with the applicable standards of the Treasury Regulations issued under Section 409A of the Code.

  • Employer/Owner means the DAKSHIN HARYANA BIJLI VITRAN NIGAM and the legal successors in title to the Employer/Owner but not (Except with the consent of the Contractor) any assignees of the Employer/Owner.

  • Small employer carrier means any carrier that offers health benefit plans covering eligible employees of one or more small employers in this state.

  • Employer/Client means the PSCA that signs the contract for the services/goods with the selected/qualified Contractor.

  • School employer means a board of school directors, the

  • Public employer means the State of Oregon, and the following political subdivisions:

  • Related Employer means the Employer and (a) any corporation that is a member of a controlled group of corporations as defined in Code Section 414(b) that includes the Employer and (b) any trade or business that is under common control as defined in Code Section 414(c) that includes the Employer.

  • Employer as defined in Section 3(5) of ERISA.

  • Public school employer means a public employer that is the board of a school district, intermediate school district, or public school academy; is the chief executive officer of a school district in which a school reform board is in place under part 5A of the revised school code, 1976 PA 451, MCL 380.371 to 380.376; or is the governing board of a joint endeavor or consortium consisting of any combination of school districts,

  • multiple-employer workplace means a workplace where workers of 2 or more employers are working at the same time:

  • Participating Company Group means, at any point in time, all corporations collectively which are then Participating Companies.

  • Participating Employer means any trade or business (whether or not incorporated) which adopts this Plan with the consent of the Company identified in the Adoption Agreement.

  • The Employer or “The Purchaser” means the "Registrar General, High Court of Madhya Pradesh, Jabalpur" and the "District Judge" of the District Courts.

  • Male employee means an employed male who is caring for a child borne of his spouse or a child placed with the employee for adoption purposes.

  • Affiliated Employer means any corporation which is a member of a controlled group of corporations (as defined in Code Section 414(b)) which includes the Employer; any trade or business (whether or not incorporated) which is under common control (as defined in Code Section 414(c)) with the Employer; any organization (whether or not incorporated) which is a member of an affiliated service group (as defined in Code Section 414(m)) which includes the Employer; and any other entity required to be aggregated with the Employer pursuant to Regulations under Code Section 414(o).

  • Client employer means an Employer that is involved in a Tri-Party Employment Relationship due to obtaining the services of a third-party entity.

  • Employer / Bank means State Bank of India having its Head Office at Ground Floor, Raheja Chambers, Free Press Journal Marg, Nariman Point, Mumbai and State Bank of India, Corporate Centre, Nariman Point, Mumbai, respectively.

  • Multiple employer welfare arrangement means a multiple employer welfare arrangement

  • Participating public employer means a public employer as defined in ORS 238.005 that

  • Designated Employer Representative (DER) means a designated school district representative authorized to take immediate action to remove employees from safety-sensitive duties, to make required decisions in the testing and evaluation process, and to receive test results and other communications for the school district.

  • Competitive integrated employment means work (including self-employment) that is performed on a full-time or part-time basis:

  • Professional employer agreement means a written contract by and between a client and a PEO that provides for the following:

  • Competitive employment means work in the competitive labor market that is performed on a full-time or part-time basis in an integrated setting and for which the client is compensated at or above the minimum wage, but not less than the customary wage and level of benefits paid by the employer for the same or similar work performed by individuals who are not disabled.

  • School employee means (1) a teacher, substitute teacher, school administrator, school superintendent, guidance counselor, psychologist, social worker, nurse, physician, school paraprofessional or coach employed by a local or regional board of education or working in a public elementary, middle or high school; or (2) any other individual who, in the performance of his or her duties, has regular contact with students and who provides services to or on behalf of students enrolled in a public elementary, middle or high school, pursuant to a contract with the local or regional board of education.

  • Employer Account The Participant's Matching 401(k) Contributions Account, Matching Thrift Contributions Account, Employer Contributions Account, Qualified Matching Contributions Account and Qualified Nonelective Contributions Account, as the case may be.