Common use of Allocation Accrual Requirements Clause in Contracts

Allocation Accrual Requirements. A Year of Service for eligibility to receive an allocation of Employer contributions will be determined on the basis of the: ( ) 1. Elapsed Time method. ( ) 2. Hour of Service method. A Year of Service will be credited to all Participants who are employed on the last day of the Plan Year or who have terminated with more than 500 Hours of Service.

Allocation Accrual Requirements. A Year of Service for eligibility to receive an allocation of Employer contributions will be determined on the basis of the: ( ) 1. Elapsed Time time method. ( ) 2. Hour of Service service method. A Year of Service will be credited to all Participants who are employed on the last day of the Plan Year or who have terminated with more than 500 Hours of Service.

Allocation Accrual Requirements. A Year of Service for eligibility to receive an allocation of Employer contributions will be determined on the basis of the: ( ) : ¨ 1. Elapsed Time method. ( . 21 §401(k) Plan AA #010 x 2. Hour Hours of Service method. A Year of Service will be credited to all Participants who are employed on the last day upon completion of the requirements below. A Year of Service for allocation accrual purposes cannot be less than 1 Hour of Service nor greater than 1,000 hours by operation of law. If left blank, the Plan Year or who have terminated with more than 500 Hours of Servicewill use 1,000 hours. Enter whole digit numbers only. a. Active Participants:

Allocation Accrual Requirements. A Year of Service for eligibility to receive an allocation of Employer contributions will be determined on the basis of the: ( ) : ¨ 1. Elapsed Time method. ( . 21 §401(k) Plan AA #010 x 2. Hour Hours of Service method. A Year of Service will be credited to all Participants who are employed on the last day upon completion of the requirements below. A Year of Service for allocation accrual purposes cannot be less than 1 Hour of Service nor greater than 1,000 hours by operation of law. If left blank, the Plan Year or who have terminated with more than 500 Hours of Servicewill use 1,000 hours. Enter whole digit numbers only.

Allocation Accrual Requirements. A Year of Service for eligibility to receive an allocation of Employer contributions will be determined on the basis of the: ( ) 1. Elapsed Time method. ( ) 2. Hour Hours of Service method. A Year of Service will be credited to all Participants who are employed on the last day upon completion of the requirements below. A Year of Service for allocation accrual purposes cannot be less than 1 Hour of Service nor greater than 1,000 hours by operation of law. If left blank, the Plan Year or who have terminated with more than 500 Hours of Servicewill use 1,000 hours. Enter whole digit numbers only.