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Common use of Limitation on Matching Contributions Clause in Contracts

Limitation on Matching Contributions. The Plan that provides for ACP Safe Harbor Matching Contributions must satisfy the following limitations:

Appears in 2 contracts

Sources: 401(k) Non Standardized Prototype Adoption Agreement (Michaels Stores Inc), 401(k) Non Standardized Prototype Adoption Agreement (Littelfuse Inc /De)

Related Clauses

  • Matching Contributions
  • Employer Contributions
  • Limitations on Contributions
  • Rollover Contributions
  • Employer Contribution

Parent Clauses

  • Salary Reduction Agreement
  • Election of Investments
  • Nondiscrimination Tests
  • Correction Methods for Failed ACP Test
  • Contributions Used Only Once

Sub-Clauses

  • Limitation on Rate of Match
  • Catch-Up Contributions
  • Discretionary Matching Contribution Cannot Exceed 4% of Compensation
  • Matching Contribution Rate Must Not Increase
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