Qualified Nonelective Contributions. If selected below, the Employer may make Qualified Nonelective Contributions for each Plan Year (select all those applicable): (1) In its discretion, the Employer may make Qualified Nonelective Contributions on behalf of (select one): (a) all Eligible Participants. [X] (b) only Eligible Participants who are Nonhighly Compensated Employees.
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Sources: Defined Contribution Plan (Innerdyne Inc), Prototype Defined Contribution Plan Adoption Agreement (Innerdyne Inc), 401(k) Plan Adoption Agreement (Gadzooks Inc)
Qualified Nonelective Contributions. If selected below, the Employer may make Qualified Nonelective Contributions for each Plan Year (select all those applicable):
(1) In its discretion, the Employer may make Qualified Nonelective Contributions on behalf of (select one):
(a) all Eligible Participants. [X] (b) only Eligible Participants who are Nonhighly Compensated Employees.
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