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Common use of Top Heavy Minimum Allocation Clause in Contracts

Top Heavy Minimum Allocation. The Top-Heavy Minimum Allocation requirement applies to the Plan only in a Plan Year for which the Plan is top-heavy.

Appears in 4 contracts

Sources: Defined Contribution Pre Approved Plan (J&j Snack Foods Corp), 401(k) Plan Adoption Agreement (Knowles Corp), 401(k) Profit Sharing Plan (Nci Building Systems Inc)

Top Heavy Minimum Allocation. The Top-Heavy Top‑Heavy Minimum Allocation requirement applies to the Plan only in a Plan Year for which the Plan is top-heavytop‑heavy.

Appears in 1 contract

Sources: Defined Contribution Prototype Plan and Trust Agreement (Bob Evans Farms Inc)

Related Clauses

  • Excess Contributions
  • FORFEITURE ALLOCATION
  • Limitation on Allocation of Net Loss
  • Adjustment of Minimum Quarterly Distribution and Target Distribution Levels
  • Limitation Year

Parent Clauses

  • Contribution Allocation
  • ELECTION NOT TO PARTICIPATE
  • EMPLOYER CONTRIBUTIONS AND FORFEITURES
  • Amount of Employer Contributions and Plan Allocations
  • DETERMINATION OF TOP HEAVY STATUS

Sub-Clauses

  • SPECIAL DEFINITIONS
  • NO ALLOCATIONS
  • TOP HEAVY MINIMUM ALLOCATION UNDER NONSTANDARDIZED PLAN
  • TOP HEAVY MINIMUM ALLOCATION UNDER STANDARDIZED PLAN
  • ELECTION OF METHOD
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