Profit Sharing Contributions definition
Examples of Profit Sharing Contributions in a sentence
In order to receive an allocation of Profit Sharing Contributions for a Plan Year, an Employee must be a Qualified Participant for this purpose.
Compensation for the purposes of determining the amount and allocation of Profit Sharing Contributions shall be determined as follows (choose either (a) or (b), and (c) and/or (d), as applicable).
The vesting schedule selected below will apply to both Employer Matching Contributions and Profit Sharing Contributions.
A Member shall be eligible for an allocation of Employer Profit Sharing Contributions for a Contribution Determination Period in all events.
An Employee will be eligible to become a Participant in the Plan for purposes of becoming a Contributing Participant (and thus eligible to make Elective Deferrals) or receiving an allocation of any Employer Profit Sharing Contributions, as applicable, made pursuant to Section Three of the Adoption Agreement, after attaining the following age (not more than 21).