Tiered Match definition

Tiered Match. The Employer shall contribute and allocate to each Participant's account an amount equal to ____% of the first ____% of the Participant's Compensation, to the extent deferred. _____% of the next ____% of the Participant's Compensation, to the extent deferred. _____% of the next ____% of the Participant's Compensation, to the extent deferred.
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Tiered Match. The Employer shall contribute to each eligible Participant’s account an amount equal to: ________% of the first ________% (no more than 500%) of the Participant’s Compensation contributed, and ________% of the next ________% (no more than 400%) of the Participant’s Compensation contributed, and ________% of the next ________% (no more than 300%) of the Participant’s Compensation contributed. The Employer’s contribution will be made up to the [ ] greater of (may be no more than 500%) [ ] lesser of (may be no less than 1%) _________% of Compensation, or $__________ (no more than the Annual Addition limit for the Plan Year).
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Tiered Match. The Employer shall contribute and allocate to each Participant's account an amount equal to % of the first % of the --- --- Participant's Compensation, and % of the --- next % of the Participant's Compensation. --- NOTE: Percentages specified in (iii) above may not increase as the percentage of Participant's contribution increases.
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Examples of Tiered Match in a sentence

  • Tiered Match: The Employer shall contribute to each eligible Participant’s account an amount equal to: % of the first % of the Participant’s Compensation contributed, and % of the next % of the Participant’s Compensation contributed, and % of the next % of the Participant’s Compensation contributed.

  • Prototype Cash or Deferred Profit- Sharing Plan #004 [ ] (iii) Tiered Match: The Employer shall contribute and allocate to each Participant's account an amount equal to__% of the first__% of the Participant's Compensation, __% of the next__% of the Participant's Compensation, __% of the next__% of the Participant's Compensation.

  • The Employer Safe Harbor Matching Contribution shall be at least equal to the "Tiered Match" or "Enhanced Match" as described in Section 3.1(a)(3) of the Basic Plan.

  • Appendix A (Mobility Manager Proposed Budget); Appendix B (Tiered Match Amounts); and Appendix C (Sedgwick County Job Description) are incorporated hereto and made part hereof as if fully set forth herein.


More Definitions of Tiered Match

Tiered Match. The Employer shall contribute and allocate to each Participant's account an amount equal to __% of the first __%of the Participant's Compensation, and __% of the next __% of the Participant's Compensation.
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Tiered Match. The Employer shall contribute to each eligible Participant’s account an amount equal to: % of the first % (no more than 500%) of the Participant’s Compensation contributed, and % of the next % (no more than 400%) of the Participant’s Compensation contributed, and % of the next % (no more than 300%) of the Participant’s Compensation contributed. The Employer’s contribution will be made up to the [ ] greater of (may be no more than 500%) [ ] lesser of (may be no less than 1%) % of Compensation, or $ (no more than the Annual Addition limit for the Plan Year).
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Tiered Match. The Employer shall contribute to each eligible Participant's account an amount equal to: ________% of the first ________% of the Participant's Compensation contributed, and ________% of the next ________% of the Participant's Compensation contributed, and ________% of the next ________% of the Participant's Compensation contributed. The Employer's contribution will be made up to the [ ] greater of [ ] lesser of _________% of Compensation, or $__________. THE PERCENTAGES SPECIFIED ABOVE MAY NOT INCREASE AS THE PERCENTAGE OF PARTICIPANT'S CONTRIBUTION INCREASES.
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Related to Tiered Match

  • Qualified Matching Contribution means any employer contribution allocated to an Eligible Employee’s account under any plan of an Employer or a Related Company solely on account of “elective contributions” made on his behalf or “employee contributions” made by him that is a qualified matching contribution as defined in regulations issued under Code Section 401(k), is nonforfeitable when made, and is distributable only as permitted in regulations issued under Code Section 401(k).

  • 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.

  • Yearly (1/Year) sampling frequency means the sampling shall be done in the month of September, unless specifically identified otherwise in the effluent limitations and monitoring requirements table.

  • Integration Level means the Social Security taxable wage base for the Plan Year, unless the Employer elects a lesser amount in (A) or (B) below.

  • Maximum Concentration Level Assessment means the Maximum Concentration Level Assessment for the purposes of a Basic Comprehensive Certificate of Approval, described in the Basic Comprehensive User Guide, prepared by a Toxicologist using currently available toxicological information, that demonstrates that the concentration at any Point of Impingement for a Compound of Concern that does not have a Ministry Point of Impingement Limit is not likely to cause an adverse effect as defined by the EPA. The concentration at Point of Impingement for a Compound of Concern must be calculated in accordance with O. Reg. 419/05.