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Common use of ADP Safe Harbor Matching Contribution Clause in Contracts

ADP Safe Harbor Matching Contribution. An ADP Safe Harbor Matching Contribution in an amount determined under either a basic matching formula or an enhanced matching formula, that satisfies the following requirements:

Appears in 2 contracts

Sources: 401(k) Non Standardized Prototype Adoption Agreement (Michaels Stores Inc), 401(k) Non Standardized Prototype Adoption Agreement (Littelfuse Inc /De)

Related Clauses

  • Matching Contributions
  • Employer Contribution
  • Elective Deferrals
  • Safe Harbor
  • Employer Contributions

Parent Clauses

  • o    Imputed Compensation During Periods of Disability
  • Nondiscrimination Tests
  • Correction Methods for Failed ACP Test
  • QNECs and QMACs
  • ADP Safe Harbor Contribution

Sub-Clauses

  • Periodic Matching Contributions
  • Limitation on HCE Matching Contributions
  • Restrictions on Types of Compensation that May Be Deferred
  • Restrictions Due to Limitations Under the Code
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