Nonelective Employer Contribution definition

Nonelective Employer Contribution means any contribution made by the Employer to the Plan in accordance with Section 5.10.
Nonelective Employer Contribution has the meaning set forth in the 401(k) Excess Plan.
Nonelective Employer Contribution means an amount contributed by the Employer on behalf of a Participant.

Examples of Nonelective Employer Contribution in a sentence

  • If both are selected, the discretionary formula shall be treated as an additional Nonelective Employer Contribution and allocated separately in accordance with the allocation formula selected by the Employer.

  • If any Qualified Nonelective Employer Contribution remains, allocation shall continue in the same manner to the next lowest paid Participants until the Qualified Nonelective Employer Contribution is exhausted.

  • The Employer may, in its discretion, make a Qualified Nonelective Employer Contribution for the Plan Year in any amount necessary to satisfy or help to satisfy the "ADP" test, described in Section 6.03, and/or the "ACP" test, described in Section 6.06.

  • The Employer may contribute an amount which it designates as a Qualified Nonelective Employer Contribution for any permissible purpose, as provided in Section 5.07 of the Basic Plan Document.

  • In addition, one M/S file reviewed by the Department revealed an approval based on the delegate’s specific medical group criteria where the requested service otherwise did not meet MCG.


More Definitions of Nonelective Employer Contribution

Nonelective Employer Contribution means the same as Nonelective Employer Contribution under the Savings Plan.
Nonelective Employer Contribution which means an amount contributed by the Employer as described in Section 3.6.
Nonelective Employer Contribution means for a given Plan Year the following amounts, to the extent included in the Aggregated Plan for that Plan Year: the "Employer Discretionary Contribution" made pursuant to Section 5.02 of the ATH Retirement Plan and Trust, the Employer Discretionary Contribution made pursuant to Section 5.02 of this Plan, the “Employer Discretionary Contribution” made pursuant to Section 5.02 of
Nonelective Employer Contribution means an Employer contribution which is made to satisfy the nondiscrimination rules in Sections 5.4 and/or 5.5.
Nonelective Employer Contribution means any contribution made by the Employer to the Plan in accordance with Section 5.10. (jj) “Non-Highly Compensated Employee” means any Employee who is not a Highly Compensated Employee.(kk) “Normal Retirement Age” means the normal retirement age specified in Subsection 1.14(a) of the Adoption Agreement. If the Employer enforces a mandatory retirement age in accordance with Federal law, the Normal Retirement Age is the lesser of that mandatory age or the age specified in Subsection 1.14(a) of the Adoption Agreement.(ll) “Participant” means any individual who is either an Active Participant or an Inactive Participant.(mm) “Permissible Investment” means each investment specified by the Employer as available for investment of assets of the Trust and agreed to by the Trustee and the Volume Submitter Sponsor. The Permissible Investments under the Plan shall be listed in the Service Agreement.(nn) “Plan” means the plan established by the Employer in the form of the volume submitter plan, as set forth herein as a new plan or as an amendment to an existing plan, by executing the Adoption Agreement, together with any and all amendments hereto.(oo) “Plan Year” means the 12-consecutive-month period ending on the date designated in Subsection 1.01(d) of the Adoption Agreement, except that the initial Plan Year of a new Plan may consist of fewer than 12 months, calculated from the Effective Date listed in Subsection 1.01(g)(1) of the Adoption Agreement through the end of such initial Plan Year, in which event Compensation for such initial Plan Year shall be treated as provided in Subsection 2.01(k). Additionally, in the event the Plan has a short Plan year, i.e., a Plan Year consisting of fewer than 12 months, otherwise applicable limits and requirements that are applied on a Plan Year basis shall be prorated, but only if and to the extent required by law.(pp) “Qualified Matching Employer Contribution” means any contribution made by the Employer to the Plan on account of Deferral Contributions or Employee Contributions made by or on behalf of Active Participants in accordance with Section 5.09, that may be included in determining whether the Plan meets the “ADP” test described in Section 6.03.(qq) “Qualified Nonelective Employer Contribution” means any contribution made by the Employer to the Plan on behalf of Non-Highly Compensated Employees in accordance with Section 5.07, that may be included in determining whether the Plan meets the “ADP” test described in Sectio...
Nonelective Employer Contribution means any contribution made by the Employer to the Plan in accordance with Section 5.10. (hh) "Non-Highly Compensated Employee" means any Employee who is not a Highly Compensated Employee.
Nonelective Employer Contribution means the Employer Contribution made pursuant to Section 5.01 of the ATH Retirement Plan and Trust, the Employer Discretionary Contribution made pursuant to Section 5.02 of this Plan, Nonelective Employer Contribution made pursuant to Section 5.10 of the OTS Scranton Plan and any other nonelective employer contribution made to this Plan, the ATH Retirement Plan and Trust, or the OTS Scranton Plan.