Allocation Formulas. The Employer Profit Sharing Contributions (and) forfeitures) shall be allocated to the accounts of eligible Participants pursuant to the following formula (elect one): (1) [_] Compensation Formula Employer Profit Sharing Contributions (and forfeitures) shall be allocated based on each eligible Participant's total Compensation for the Plan Year.
Appears in 2 contracts
Sources: Defined Contribution Retirement Plan Adoption Agreement (Fiduciary Capital Growth Fund Inc), Defined Contribution Retirement Plan Adoption Agreement (Fmi Funds Inc)
Allocation Formulas. The Employer Profit Sharing Contributions (and) forfeitures) shall be allocated to the accounts of eligible Participants pursuant to the following formula (elect one):
(1) [_] Compensation Formula [_] Employer Profit Sharing Contributions (and forfeitures) shall be allocated based on each eligible Participant's total Compensation for the Plan Year.
Appears in 1 contract
Sources: Prototype Defined Contribution Retirement Plan (Monetta Fund Inc)