LIMITATION ON ALLOCATIONS. More Than One Plan If you maintain or ever maintained another qualified plan (other than a paired standardized money purchase pension plan using Basic Plan Document No. 03) in which any Participant in this Plan is (or was) a Participant or could become a Participant, you must complete this section. You must also complete this section if you maintain a welfare benefit fund, as defined in Section 419(e) of the Code, or an individual medical account, as defined in Section 415(l)(2) of the Code, under which amounts are treated as annual additions with respect to any Participant in this Plan. #705(12/90)L90 1▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇., ▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Part A. If the Participant is covered under another qualified defined contribution plan maintained by the Employer, other than a master or prototype plan: 1. [ ] The provisions of Section 3.05(B)(1) through 3.05(B)(6) of the Plan will apply as if the other plan were a master or prototype plan. 2. [ ] Other method. (Provide the method under which the plans will limit total annual additions to the maximum permissible amount, and will properly reduce any excess amounts, in a manner that precludes Employer discretion.) ________________ ____________________________________________________________
Appears in 1 contract
Sources: Profit Sharing Plan Adoption Agreement (Bull & Bear Funds Ii Inc)
LIMITATION ON ALLOCATIONS. More Than One Plan If you maintain or ever maintained another qualified plan (other than a paired standardized money purchase pension plan using Basic Plan Document No. 03) in which any Participant in this Plan is (or was) a Participant or could become a Participant, you must complete this section. You must also complete this section if you maintain a welfare benefit fund, as defined in Section 419(e) of the Code, or an individual medical account, as defined in Section 415(l)(2) of the Code, under which amounts are treated as annual additions with respect to any Participant in this Plan. #705(12/90)L90 1▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇., ▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Part A. If the Participant is covered under another qualified defined contribution plan maintained by the Employer, other than a master or prototype plan:
1. [ ] The provisions of Section 3.05(B)(1) through 3.05(B)(6) of the Plan will apply as if the other plan were a master or prototype plan.
2. [ ] Other method. (Provide the method under which the plans will limit total annual additions to the maximum permissible amount, and will properly reduce any excess amounts, in a manner that precludes Employer discretion.) ________________ ____________________________________________________________
Appears in 1 contract
Sources: Standardized Profit Sharing Plan Adoption Agreement (Bull & Bear Funds Ii Inc)
LIMITATION ON ALLOCATIONS. More Than One Plan If you maintain or ever maintained another qualified plan (other than a paired standardized money purchase pension plan using Basic Plan Document No. 03) in which any Participant in this Plan is (or was) a Participant or could become a Participant, you must complete this section. You must also complete this section if you maintain a welfare benefit fund, as defined in Section 419(e) of the Code, or an individual medical account, as defined in Section 415(l)(2) of the Code, under which amounts are treated as annual additions with respect to any Participant in this Plan. #705(12/90)L90 1▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇., ▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Part A. If the Participant is covered under another qualified defined contribution plan maintained by the Employer, other than a master or prototype plan:
1. [ ] The provisions of Section 3.05(B)(1) through 3.05(B)(6) of the Plan will apply as if the other plan were a master or prototype plan.
2. [ ] Other method. (Provide the method under which the plans will limit total annual additions to the maximum permissible amount, and will properly reduce any excess amounts, in a manner that precludes Employer discretion.) ________________ ____________________________________________________________------------------------------------------------------------
Appears in 1 contract
Sources: Profit Sharing Plan Adoption Agreement (Bull & Bear Gold Investors LTD)