Qualified Matching Contributions. For purposes of computing Actual Deferral Percentages, an Employee who would be a Participant but for the failure to make Elective Deferrals shall be treated as a Participant on whose behalf no Elective Deferrals are made.
Appears in 12 contracts
Sources: 401(k) Savings Plan (Alaska Pacific Bancshares Inc), Qualified Retirement Plan (Teardrop Golf Co), Basic Plan Document (Nabi /De/)
Qualified Matching Contributions. For purposes of computing Actual Deferral Percentages, an Employee who would be a Participant but for the failure to make Elective Salary Reduction Deferrals shall will be treated as a Participant on whose behalf no Elective Salary Reduction Deferrals are made.
Appears in 1 contract
Qualified Matching Contributions. For purposes of computing In determining the Actual Deferral Percentages, an Employee who would be a Participant but for the failure to make Elective Deferrals shall be is treated as a Participant on whose behalf no Elective Deferrals are made.
Appears in 1 contract
Sources: Plan Document and Trust Agreement (Stonepath Group Inc)