Non-Elective Contribution definition

Non-Elective Contribution means the Employer contributions to the Plan excluding, however, contributions made pursuant to the Participant's deferral election provided for in Section 4.2 and any Qualified Non-Elective Contribution used in the "Actual Deferral Percentage" tests.
Non-Elective Contribution means the Employer's contributions to the Plan other than Elective Deferrals, any Qualified Non-Elective Contributions and any Qualified Matching Contributions. Employer matching contributions which are not Qualified Matching Contributions shall be considered a Non-Elective Contribution for purposes of the Plan.
Non-Elective Contribution means the Employer's contributions to the Plan other than those made pursuant to the Participant's deferral election made pursuant to Section 11.2 and any Qualified Non-Elective Contribution. In addition, if selected in E3 of the Adoption Agreement, the Employer's Matching Contribution made pursuant to Section 4.3(b) shall be considered a Non-Elective Contribution for purposes of the Plan.

Examples of Non-Elective Contribution in a sentence

  • Nonelective Contributions will be allocated to the Nonelective Contribution Accounts of each Participant eligible to share in such allocations as soon as administratively feasible after the end of each pay period.

  • I members with membership dates prior to June 17, 1971, Employer Non-elective Contribution hereunder will be reported as non-regular compensation to the New York State Teachers’ Retirement System.

  • The amount of the Employer Non-elective Contribution shall equal the accumulated amount as specified in Article 13.12 and 13.13 of the Collective Bargaining Agreement.

  • The Employer may, in its sole discretion, make a Nonelective Contribution to the Plan on your behalf.

  • You are always fully (100%) vested in your Rollover Contribution Account and Nonelective Contribution Account.


More Definitions of Non-Elective Contribution

Non-Elective Contribution means the Employer contributions to the Plan excluding, however, contributions made pursuant to the Participant's deferral election provided for in Section 4.2, matching contributions or nonelective contributions (which are used to satisfy the safe harbor methods permitted by Code Sections 401(k)(12) and 401(m)(11)) made pursuant to Section 4.1(b) and any Qualified Non-Elective Contribution used in the "Actual Deferral Percentage" tests.
Non-Elective Contribution means the Employer's contributions to the Plan excluding, however, contributions made pursuant to the Participant's deferral election provided for in Section 4.2, matching contributions made pursuant to Section 4.1(b) and any Qualified Non-Elective Contribution.
Non-Elective Contribution means an Employer directed non-elective Deferrals of 7.5% of the Employees Compensation.
Non-Elective Contribution means the Employer's contributions to the Plan other than those made pursuant to the Participant's cash or deferred election.
Non-Elective Contribution means a contribution made by the Employer on behalf of a Participant other than an Elective Contribution.
Non-Elective Contribution means any amount credited to a Participant’s account hereunder pursuant to Section 4.3.
Non-Elective Contribution means the Employer's contributions to the Plan excluding, however, contributions made pursuant to the Participant's deferral election provided for in Section 3.02 and any Qualified Non-Elective Contribution.