Permitted disparity allocation. The discretionary Employer Contribution under AA Β§6-2 will be allocated under the two-step method (as defined in Section 3.02(a)(1)(ii)(A) of the Plan), using the Taxable Wage Base (as defined in Section 1.132 of the Plan) as the Integration Level. To modify these default rules, complete the appropriate provision(s) below: π (1) Integration Level. Instead of the Taxable Wage Base, the Integration Level is: π (i) % of the Taxable Wage Base, increased (but not above the Taxable Wage Base) to the next higher: π (A) N/A π (B) $1 π (C) $100 π (D) $1,000 π (ii) $ (not to exceed the Taxable Wage Base) π (iii) 20% of the Taxable Wage Base [Note: See Section 3.02(a)(1)(ii) of the Plan for rules regarding the Maximum Disparity Rate that may be used where an Integration Level other than the Taxable Wage Base is selected.] π (2) Describe special rules for applying permitted disparity allocation formula: [Note: Any special rules must relate solely to applying the permitted disparity formula.]
Appears in 3 contracts
Sources: 403(b) Plan Adoption Agreement, Volume Submitter Governmental 403(b) Plan Adoption Agreement, Volume Submitter Governmental 403(b) Plan Adoption Agreement