Safe Harbor Contributions definition

Safe Harbor Contributions means the Company’s safe harbor nonelective contributions within the meaning of Treas. Reg. Section 1.401(k)-3(b) and Treas. Reg. Section 1.401(k)-3(k).
View Source
Safe Harbor Contributions means the Employer Contributions made pursuant to Section 4.1(b)(ii).
View Source
Safe Harbor Contributions means, for purposes of determining Eligible Employees, entry requirements and the Entry Date, the Employer Contributions made to satisfy the ADP Test Safe Harbor. (See Items J, K, and AB.)
View Source

Examples of Safe Harbor Contributions in a sentence

  • If the Safe Harbor Contributions are made to another Defined Contribution Plan, the Safe Harbor Contribution requirements must be satisfied in the same manner as if the contributions were being made to this Plan.

  • Safe Harbor Contributions are NOT available for Hardship withdrawals.

  • Safe Harbor Contributions, Qualified Matching Contributions, and Qualified Non-Elective Contributions are not available for Hardship distributions.

  • The Employer will make Safe Harbor Contributions as it elects in Election 24.

  • Safe Harbor Contributions are taken into account for a Plan Year under the ACP Test in accordance with Treasury Regulations Section 1.401(m)-1(b)(4)(ii)(A).

  • The Employer under Election 6(f) will (or in the case of the Safe Harbor Nonelective Contribution may) contribute the following Safe Harbor Contributions described in Section 3.05(E) and will or may contribute Additional Matching Contributions described in Section 3.05(F).

  • The Employer will make (or under a delayed election, may make) Safe Harbor Contributions as it elects in Election 30.

  • Apply all forfeitures to Safe Harbor Contributions and Plan expenses in accordance with Section 3.07(A)(4).

  • In addition, the classes checked below are ineligible for ACP Safe Harbor Contributions.

  • Apply the following vesting schedules to amounts in Accounts attributable to the following Contribution Types, other than the portion of an Account consisting of QACA Safe Harbor Contributions (Choose one or more of (1) through (6).

Related to Safe Harbor Contributions

  • Qualified Matching Contributions means any Participating Employer Contributions to this Plan on behalf of Eligible Employees, provided that amounts attributable to such contributions are not distributable merely on account of the Employee’s hardship and are immediately vested.

  • Matching Contributions means local cash and/or in-kind contributions made by the Subrecipient, subcontractor, or other local resources that qualify as match for the Contract funding.

  • Qualified Nonelective Contributions means contributions other than Matching Contributions or Qualified Matching Contributions) made by the Employer and allocated to participants’ accounts that the participants may not elect to receive in cash until distributed from the Plan; that are nonforfeitable when made to the Plan; and that are distributable only in accordance with the distribution provisions (other than for hardships) applicable to Pre-Tax Contributions.