INCORPORATION OF CONTRIBUTION FORMULA Clause Samples
INCORPORATION OF CONTRIBUTION FORMULA. The Plan Administrator will allocate any Fixed Nonelective Contribution under Election 25(b) or Mandatory Employee Contributions under Election 18 in accordance with the contribution formula the Employer adopts under that Election.
INCORPORATION OF CONTRIBUTION FORMULA. In accordance with the contribution formula specified above (may only be selected if b. or d. above is selected).
INCORPORATION OF CONTRIBUTION FORMULA. Subject to any restoration allocation required under Section 5.04, the Advisory Committee will allocate and credit
3.01. [Note: The Employer must elect this Option (a) if it elects Adoption Agreement Section 3.01(b), (c), (d)(2) or (d)(3). The Employer may not elect this Option (a) with Adoption Agreement Section 3.01(d)(1).]
INCORPORATION OF CONTRIBUTION FORMULA. In accordance with the contribution formula specified above (may not be selected if a., d., or b.7 are the only selections above; if both a fixed and discretionary contribution are selected above, then this option e. applies to the fixed contribution).
INCORPORATION OF CONTRIBUTION FORMULA. The Plan Administrator will allocate the Employer's contributions for a Plan Year in accordance with the contribution formula the Employer has elected under Section 3.01.
INCORPORATION OF CONTRIBUTION FORMULA. The Plan Administrator will allocate the Employer’s nonelective contribution under Section(s) 3.01(c)(2), (d)(1) or (e) in accordance with the contribution formula adopted by the Employer under that Section. Qualified nonelective contributions. (3.04(F)). The Plan Administrator will allocate the Employer’s qualified nonelective contributions to: (Choose one of (e) or (f)) x (e) Nonhighly compensated Employees only.
INCORPORATION OF CONTRIBUTION FORMULA. Subject to any restoration allocation required under Section 5.04, the Advisory Committee will allocate and credit each annual Employer contribution to the Account of each Participant who satisfies the conditions of Section 3.06, in accordance with the contribution formula adopted by the Employer under Adoption Agreement Section
INCORPORATION OF CONTRIBUTION FORMULA. The Plan Administrator will allocate the Employer’s nonelective contribution under Section(s) 3.01(c)(2), (d)(1) or (e) in accordance with the contribution formula adopted by the Employer under that Section. Qualified nonelective contributions. (3.04(F)). The Plan Administrator will allocate the Employer’s qualified nonelective contributions to: (Choose one of (e) or (f)) x (e) Nonhighly compensated Employees only. o (f) All Participants. Related Employers. (Choose (g) if applicable) o (g) Allocate only to directly employed Participants. If two or more Related Employers adopt this Plan, the Plan Administrator will allocate all nonelective contributions and forfeitures attributable to nonelective contributions only to the Participants directly employed by the contributing Employer. If a Participant receives Compensation from more than one contributing Employer, the Plan Administrator will determine the allocations under this Section 3.04 by prorating the Participant’s Compensation between or among the participating Related Employers. [Note: If the Employer does not elect 3.04(g), the Plan Administrator will allocate all nonelective contributions and forfeitures without regard to which contributing Related Employer directly employs the Participant. The Employer may not elect 3.04(g) under a safe harbor 401(k) Plan.]