Common use of AVERAGE DEFERRAL PERCENTAGE Clause in Contracts

AVERAGE DEFERRAL PERCENTAGE. (ADP) TEST With respect to any Plan Year, the Average Deferral Percentage for Participants who are Highly Compensated Employees and the Average Deferral Percentage for Participants who are non-Highly Compensated Employees must satisfy one of the following tests:

Appears in 3 contracts

Sources: Cash or Deferred Profit Sharing Plan (Port Financial Corp), 401(k) Plan Document (Berkshire Hills Bancorp Inc), Non Standardized Adoption Agreement (Princeton Review Inc)

AVERAGE DEFERRAL PERCENTAGE. (ADP) TEST TEST. With respect to any Plan Year, the Average Deferral Percentage for Participants who are Highly Compensated Employees and the Average Deferral Percentage for Participants who are non-non Highly Compensated Employees must satisfy one of the following tests:

Appears in 1 contract

Sources: Profit Sharing Plan (First Keystone Corp)

AVERAGE DEFERRAL PERCENTAGE. (ADP) TEST With respect to any Plan Year, the Average Deferral Percentage for Participants who are Highly Compensated Employees and the Average Deferral Percentage for Participants who are nonNon-Highly Compensated Employees must satisfy one of the following tests:

Appears in 1 contract

Sources: Adoption Agreement (Oregon Trail Financial Corp)

AVERAGE DEFERRAL PERCENTAGE. (ADP) TEST TEST. With respect to any Plan Year, the Average Deferral Percentage for Participants who are Highly Compensated Employees and the Average Deferral Percentage for Participants who are non-Highly Compensated Employees must satisfy one of the following tests:

Appears in 1 contract

Sources: Defined Contribution Plan and Trust (First Keystone Corp)