Leveling Method definition

Leveling Method means the method of determining the excess
Leveling Method means the method of determining the excess amounts under Section 3.6(a) under which the actual contribution ratio of the Highly Compensated Employee with the highest actual contribution ratio shall be reduced to the extent required to enable the Plan to satisfy Section 3.6(a) or to cause such Highly Compensated Employee's actual contribution ratio to equal the ratio of the Highly Compensated Employee with the next highest actual contribution ratio. This process shall
Leveling Method means the method of determining the excess amounts under Section 3.5(a), 3.5(b) or 6.11(a) under which the actual deferral ratio or the actual contribution ratio, as applicable, of the Highly Compensated Employee with the highest actual deferral ratio (or actual contribution ratio) shall be reduced to the extent required to enable the Plan to satisfy Section 3.5(a) or 3.5(b) or Section 6.11(a) or to cause such Highly Compensated Employee's actual deferral ratio or actual contribution ratio, as applicable, to equal the ratio of the Highly Compensated Employee with the next highest actual deferral ratio or actual contribution ratio. This process shall be repeated until Section 3.5(a), 3.5(b) or Section 6.11(a) is satisfied.

Examples of Leveling Method in a sentence

  • Leveling Method" means the method of allocating the dollar amount of the excess contributions (within the meaning of Treas.

  • Mayor Heaton called the meeting to order at 6:00 PM and announced that there would be an Executive Session near the end of the meeting pursuant to KRS 61.810(1)(b) - Deliberations on the future acquisition or sale of real property by a public agency when publicity would be likely to affect the value of the property.

  • There was also a very weak interaction of condition and gender (F(1, 4524) = 5.10, p = 0.024, d = 0.07, 95% CI [0.04, 0.13]).

  • Leveling Method: Based on the site evaluation and soil analysis, select the appropriate leveling method.

  • Compensated Employees shall be reduced progressively, using the Ratio Leveling Method with respect to Accrual Computation Periods commencing prior to January 1, 1997 to the highest percentage of each such Participant's Compensation as the Employer, in its discretion, deems to be permissible to ensure that the Actual Deferral Percentage of such group does not exceed the maximum allowable amount.

  • Project beneficiaries of using services, providing health care services to minority groups.

  • The Leveling Method refers to the following two step method of determining the total dollar amount of excess aggregate contributions (within the meaning of Treas.


More Definitions of Leveling Method

Leveling Method means the following method of allocating the dollar amount of the excess contributions (within the meaning of Reg. Section 1.401(k)-1(g)(7)) under Section 3.5(a) or 3.5(b) or excess aggregate contributions (within the meaning of Reg. Section 1.401(m)-1(f)(8)) under Section 5.5(a). Under this method, the total of excess contributions (or excess aggregate contributions) to be distributed is allocated among the Highly Compensated Employees such that the allocations described in Section 1.17(a) (or 1.15(b), as applicable) of the Highly Compensated Employees with the highest amount of such allocations is reduced such that the total of such reductions (together with all prior reductions hereunder for the applicable Plan Year) equals the total of such excess contributions or excess aggregate contributions) or such that such Highly Compensated Employee's remaining such allocations equals the allocations of the Highly Compensated Employee with the next highest amount of such allocations. This process is repeated with respect to the applicable Highly Compensated Employees until the total of such reductions attributable to all such Highly Compensated Employees is equal to the total of such excess contributions (or excess aggregate contributions).
Leveling Method means the method of determining the excess amounts under Section 3.8(a), 3.8(b) or 5.5(a) under which the actual deferral ratio or the actual contribution ratio, as applicable, of the Highly Compensated Employee with the highest dollar amount of deferrals or contributions, as applicable, shall be reduced to the extent required to enable the Plan to satisfy Section 3.8(a) or 3.8(b) or Section 5.5(a) or to cause such Highly Compensated Employee's deferrals or contributions, as applicable, to equal the deferrals or contributions of the Highly Compensated Employee with the next highest dollar amount of deferrals or contributions, as applicable, or such other method which is permitted under Code Section 401(k)(8)(C). This process shall be repeated until Section 3.8(a), 3.8(b) or Section 5.5(a) is satisfied.

Related to Leveling Method

  • Reference method means any direct test method of sampling and analyzing for an air pollutant as specified in 40 CFR 60, Appendix A*.

  • Alternative method means any method of sampling and analyzing for an air pollutant that is not a reference or equivalent method but that has been demonstrated to the satisfaction of the commissioner and the U.S. EPA to, in specific cases, produce results adequate for a determination of compliance.

  • Payment Method means a payment method that Stripe accepts as part of the Stripe Payments Services (e.g., a Visa credit card, Klarna).

  • Balance Computation Method We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the balance in the account each day. Compounding and Crediting: Interest is compounded daily and calculated on a 365/366 day basis. Interest is credited on a monthly basis.

  • Yearly (1/Year) sampling frequency means the sampling shall be done in the month of September, unless specifically identified otherwise in the effluent limitations and monitoring requirements table.

  • Five-Year Treasury Rate means, as of any Reset Interest Determination Date, the average of the yields on actively traded U.S. Treasury securities adjusted to constant maturity, for five-year maturities, for the most recent five Business Days appearing under the caption “Treasury Constant Maturities” in the Most Recent H.15. If the Five-year Treasury Rate cannot be determined pursuant to the preceding sentence, the Calculation Agent, after consulting such sources as it deems comparable to any of the foregoing calculations, or any such source as it deems reasonable from which to estimate the Five-year Treasury Rate, will determine the Five-year Treasury Rate in its sole discretion, provided that if the Calculation Agent determines there is an industry-accepted successor Five-year Treasury Rate, then the Calculation Agent will use such successor rate. If the Calculation Agent has determined a substitute or successor base rate in accordance with the foregoing, the Calculation Agent in its sole discretion may determine the Business Day convention, the definition of Business Day and the Reset Interest Determination Date to be used and any other relevant methodology for calculating such substitute or successor base rate, including any adjustment factor needed to make such substitute or successor base rate comparable to the Five-year Treasury Rate, in a manner that is consistent with industry-accepted practices for such substitute or successor base rate.

  • Prior Year means the year commencing 1 April immediately prior to the relevant Charging Year;

  • Semi-annual (2/Year) sampling frequency means the sampling shall be done during the months of June and December, unless specifically identified otherwise.

  • Start-Up Testing means the completion of applicable required factory and start-up tests as set forth in Exhibit C.

  • EPP test Means one EPP command sent to a particular “IP address” for one of the EPP servers. Query and transform commands, with the exception of “create”, shall be about existing objects in the Registry System. The response shall include appropriate data from the Registry System. The possible results to an EPP test are: a number in milliseconds corresponding to the “EPP command RTT” or undefined/unanswered.

  • Peak flow rate means the maximum instantaneous flow from a given storm condition at a particular location.

  • Semi-annual (2/Year) sampling frequency means the sampling shall be done during the months of June and December, unless specifically identified otherwise.

  • Method Detection Level or “MDL” means the minimum concentration of an analyte (substance) that can be measured and reported with a ninety- nine percent (99%) confidence that the analyte concentration is greater than zero (0) as determined by procedure set forth in 40 CFR 136, Appendix B. The method detection level or MDL is equivalent to the LOD.

  • Simple Interest Method means the method of allocating a fixed level payment to principal and interest, pursuant to which the portion of such payment that is allocated to interest is equal to the product of the fixed rate of interest multiplied by the unpaid principal balance multiplied by the period of time elapsed since the preceding payment of interest was made and the remainder of such payment is allocable to principal.

  • Yearly (1/Year) sampling frequency means the sampling shall be done in the month of September, unless specifically identified otherwise in the effluent limitations and monitoring requirements table.

  • Settlement Method means, with respect to any conversion of Notes, Physical Settlement, Cash Settlement or Combination Settlement, as elected (or deemed to have been elected) by the Company.

  • Actuarial method means the method of allocating a fixed level monthly payment on an obligation between principal and interest, pursuant to which the portion of such payment that is allocated to interest is equal to the product of (a) 1/12, (b) the fixed annual rate of interest on such obligation and (c) the outstanding principal balance of such obligation.

  • Grade point average or "GPA" means the grade point average earned by an eligible student and reported by the high school or participating institution in which the student was enrolled based on a scale of 4.0 or its equivalent if the high school or participating institution that the student attends does not use the 4.0 grade scale;

  • Five-year U.S. Treasury Rate means, as of any Reset Dividend Determination Date, as applicable, (i) an interest rate (expressed as a decimal) determined to be the per annum rate equal to the weekly average yield to maturity for U.S. Treasury securities with a maturity of five years from the next Reset Date and trading in the public securities markets or (ii) if there is no such published U.S. Treasury security with a maturity of five years from the next Reset Date and trading in the public securities markets, then the rate will be determined by interpolation between the most recent weekly average yield to maturity for two series of U.S. Treasury securities trading in the public securities market, (A) one maturing as close as possible to, but earlier than, the Reset Date following the next succeeding Reset Dividend Determination Date, and (B) the other maturity as close as possible to, but later than, the Reset Date following the next succeeding Reset Dividend Determination Date, in each case as published in the most recent H.15 (519). If the Five-year U.S. Treasury Rate cannot be determined pursuant to the methods described in clause (i) or (ii) above, then the Five-year U.S. Treasury Rate will be the same interest rate determined for the prior Reset Dividend Determination Date.

  • Accrual Components As specified in the Preliminary Statement.

  • Integration Level means the Social Security taxable wage base for the Plan Year, unless the Employer elects a lesser amount in (A) or (B) below.

  • Random selection basis means a mechanism for selection of employees that:

  • Treasury Yield means, with respect to any Redemption Date, the rate per annum equal to the semiannual equivalent yield to maturity of the Comparable Treasury Issue, assuming a price for the Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the Comparable Treasury Price for such Redemption Date.

  • On-premise beer retailer means a beer retailer who is:

  • ACP means the "Actual Contribution Percentage" determined pursuant to Section 12.6(d).

  • Annual Percentage Rate or “APR” of a Receivable means the annual percentage rate of finance charges or service charges, as stated in the related Contract.