Common use of Contribution allocations Clause in Contracts

Contribution allocations. If b. or c. above is selected, the Employer’s discretionary profit sharing contribution for a Plan Year will be allocated as follows:

Appears in 2 contracts

Sources: Adoption Agreement (LSB Bancshares Inc /Nc/), Adoption Agreement (Talbots Inc)

Contribution allocations. If b. or c. above is selected, the Employer’s 's discretionary profit sharing contribution for a Plan Year will be allocated as follows:: e. [ ] NON-INTEGRATED ALLOCATION 1. [ ] In the same ratio as each Participant's Compensation bears to the total of such Compensation of all Participants.

Appears in 1 contract

Sources: 401(k) Profit Sharing Plan Adoption Agreement (Wayne Savings Bancshares Inc /De/)