Small Plan definition

Small Plan means a plan:
Sample 1Sample 2Sample 3
Small Plan means a plan:▪ With a Participant Count for the Premium Payment Year of not more than 100, or▪ With a funding valuation date for the Premium Payment Year, determined in accordance with ERISA section 303(g)(2), that is not the first day of the Premium Payment Year.
Sample 1Sample 2Sample 3
Small Plan means a plan that had fewer than 100 such participants.
Sample 1

Examples of Small Plan in a sentence

  • Financial Information – Small Plan General InstructionsWho Must FileSchedule I (Form 5500) must be attached to a Form 5500 filed for pension benefit plans and welfare benefit plans that covered fewer than 100 participants as of the beginning of the plan year and that are not eligible to file Form 5500-SF.Note.

  • Also, when combining two plans, aggregate premium amounts will differ depending on, for example, whether Plan A is merged into Plan B, Plan B is merged into Plan A, or the two plans are consolidated into a New Plan C.Note that as the result of one of these transactions, a plan could become a Small Plan for the first time or cease to be a Small Plan.

  • Data for the PPP Research File is taken only from the main Form 5500, Form 5500-SF, Schedule H – Financial Information – Large Plan, and Schedule I – Financial Information – Small Plan.

  • For all other plans, the UVB Valuation Date is the funding valuation date for the Premium Payment Year.ExamplesThe following examples illustrate these rules:Example 1 – Plan A, a calendar year plan, is not a Small Plan and therefore, in accordance with ERISA 303 must have a beginning of year valuation date.

  • This result is not dependent on whether the plan is a Continuation Plan.Example 2 – Plan B is a pre-existing Small Plan that did not opt out of the Lookback Rule in 2014 and to date has not submitted a request to PBGC regarding the Lookback Rule.

  • Schedule H – Financial Information 39• Schedule R — Line 8 is modified to identify plan Schedule I – Financial Information – Small Plan 48amendments that decrease, as well as increase, the value of Schedule P – Annual Return of Fiduciary ofEmployee Benefit Trust 54benefits.Identifying Separated Participants With DeferredSchedule SSA – Annual Registration StatementSchedule R – Retirement Plan Information 55• Schedule R — Part IV is added to include a plan coverage question previously included in Schedule T.

  • FormerSchedule I – Financial Information – Small Plan 44Schedule P – Annual Return of Fiduciary ofEmployee Benefit Trust 50line 16 is now renumbered line 18.

  • This is the case even if the Transferor Plan had an election to use the Alternative Premium Funding Target in effect or revoked such an election fewer than five years prior to the Spinoff. If the plan is a Small Plan, the Lookback Rule does not apply because there is no prior plan year to look back to.

  • A plan that is exempt from the requirements of section 302(d) of ERISA for a plan year by reason of section 302(d)(6)(A) may determine its funded current liability percentage forthat plan year using the Small Plan DRC Exception Test rules in § 4011.4(b).

  • ORoute 1Proposed AmendmentRoute 3Draft - 1-12-21 Small Plan Areas Land Use1.

Related to Small Plan

  • Quality Assurance Plan or “QAP” shall have the meaning set forth in Clause 11.2;

  • layout plan means a plan of the project depicting the division or proposed division of land into plots, roads, open spaces, amenities, etc. and other details as may be necessary;

  • Small farmer means a cultivator with an un-irrigated land holding up to two hectares or with an irrigated land holding up to one hectare, but more than the holding of a marginal farmer.

  • Program Plan means the tobacco settlement program plan dated February 14, 2001, including exhibits to the program plan, submitted by the authority to the legislative council and the executive council, to provide the state with a secure and stable source of funding for the purposes designated by section 12E.3A and other provisions of this chapter.

  • Flexi Plan means any individual indemnity hospital insurance plan under the VHIS framework with enhancement(s) to any or all of the protections or terms and benefits that the Standard Plan provides to the Policy Holder and the Insured Person, subject to certification by the Government. Such plan shall not contain terms and benefits which are less favourable than those in the Standard Plan, save for the exception as may be approved by the Government from time to time.

  • Utilization review plan or "plan" means a written procedure for performing review.

  • Prototype means a first model or design that has not been produced in batches, and from which the finished cosmetic product is copied or finally developed.

  • Quality Assurance Program means the overall quality program and associated activities including the Department’s Quality Assurance, Design-Builder Quality Control, the Contract’s quality requirements for design and construction to assure compliance with Department Specifications and procedures.

  • Small employer means any employer that had total revenue of less than $500,000 during the preceding taxable year. For purposes of this division, "total revenue" means receipts of any type or kind, including, but not limited to, sales receipts; payments; rents; profits; gains, dividends, and other investment income; compensation; commissions; premiums; money; property; grants; contributions; donations; gifts; program service revenue; patient service revenue; premiums; fees, including premium fees and service fees; tuition payments; unrelated business revenue; reimbursements; any type of payment from a governmental unit, including grants and other allocations; and any other similar receipts reported for federal income tax purposes or under generally accepted accounting principles. "Small employer" does not include the federal government; any state government, including any state agency or instrumentality; any political subdivision; or any entity treated as a government for financial accounting and reporting purposes.

  • Health and Safety Plan means a documented plan which addresses hazards identified and includes safe work procedures to mitigate, reduce or control the hazards identified;

  • Compliance Plan means the compliance obligations, program, and procedures described in this Consent Decree at paragraph 13.

  • Safety Plan means a written document that has procedures, requirements, or standards related to safety which the pool staff shall follow. The safety plan shall include training and emergency response procedures.

  • Plan means any employee pension benefit plan (other than a Multiemployer Plan) subject to the provisions of Title IV of ERISA or Section 412 of the Code or Section 302 of ERISA, and in respect of which the Borrower or any ERISA Affiliate is (or, if such plan were terminated, would under Section 4069 of ERISA be deemed to be) an “employer” as defined in Section 3(5) of ERISA.

  • retaining wall means a wall designed to contain and support fill which has a finished grade higher than that of adjacent lands;

  • E-Verify Program above means the employment verification program administered by the United States Department of Homeland Security, the Social Security Administration, or any successor program.

  • 401(k) Plan has the meaning set forth in Section 6.10.