Common use of Plan Document Failure Clause in Contracts

Plan Document Failure. The term "Plan Document Failure" means a plan provision (or the absence of a plan provision) that, on its face, violates the requirements of □ 401(a) or □ 403(a). Thus, for example, the failure of a plan to be amended to reflect a new qualification requirement within the plan's applicable remedial amendment period under □ 401(b) is a Plan Document Failure. For purposes of this revenue procedure, a Plan Document Failure includes any Qualification Failure that is a violation of the requirements of □ 401(a) or □ 403(a) and that is not an Operational Failure, Demographic Failure, or Employer Eligibility Failure.

Plan Document Failure. The term "Plan Document Failure" means a plan provision (or the absence of a plan provision) that, on its face, violates the requirements of □  401(a) or □  403(a). Thus, for example, the failure of a plan to be amended to reflect a new qualification requirement within the plan's applicable remedial amendment period under □  401(b) is a Plan Document Failure. For purposes of this revenue procedure, a Plan Document Failure includes any Qualification Failure that is a violation of the requirements of □  401(a) or □  403(a) and that is not an Operational Failure, Demographic Failure, or Employer Eligibility Failure.