Participant Contribution Account definition
Examples of Participant Contribution Account in a sentence
A Participant's Participant Contribution Account and Rollover Account shall be fully vested at all times.
Excess Aggregate Contributions shall be forfeited if forfeitable, or distributed on a pro-rata basis from the Participant's Participant Contribution Account, Employer Matching Account, and Qualified Matching Account (and, if applicable, the Participant's Qualified Nonelective Account or Elective Deferral Account, or both).
A Participant is always 100% vested in his or her Participant Contribution Account.
The Plan Administrator shall not accept either after-tax Participant Contributions or deductible employee contributions, other than those held in a Participant Contribution Account or a Deductible Employee Contribution Account transferred from a predecessor plan of the Employer.
A Participant's Elective Deferral Account, Qualified Nonelective Contribution Account, Qualified Matching Account, Participant Contribution Account and Rollover Account shall be fully vested at all times.