Regular Matching Contribution definition
Examples of Regular Matching Contribution in a sentence
A Regular Matching Contribution is a Matching Contribution which is not a QMAC, a Safe Harbor Matching Contribution or an Additional Matching Contribution.
The Plan Administrator will establish a separate Regular Matching Contribution Account for each Participant who receives an allocation of Regular Matching Contributions in accordance with Section 7.04(A)(1).
If elected, in addition to the Regular Matching Contribution described in 15.1 above, the Employer may make other Matching Contributions to the Plan as follows.
A Participant’s vested percentage in his/her Employer Regular Matching Contribution Account will be determined under I.5. A Participant’s vested percentage in his/her Employer Regular Profit Sharing Contribution Account will be determined under J.5.
A Participant's hardship distribution made from the Nonelective Contribution, Regular Matching Contribution or Additional Matching Contribution Accounts under a Prototype Plan, as the Employer elects in its Adoption Agreement, may comply with the safe harbor rules of Section 6.07(A) or the non-safe harbor rules of Section 6.07(B).
A Participant's hardship distribution made from the Nonelective Contribution, Regular Matching Contribution or Additional Matching Contribution Accounts under a Prototype Plan, as the Employer elects in its Adoption Agreement, may comply with the safe harbor rules of Section 6.07(A) or the non- safe harbor rules of Section 6.07(B).
A Participant's hardship distribution made from the Nonelective Contribution, Regular Matching Contribution or Additional Matching Contribution Accounts under a Prototype Plan, as the Employer elects in its Adoption Agreement, may comply with the safe harbor rules of Section 6.07(A) or the non‑safe harbor rules of Section 6.07(B).
Allocations under this Section 7.2 shall be subject to the provisions of Sections 2.5, 4.6, and 4.8. The Regular Matching Contribution for a Contribution Period shall be allocated among all Participants.
Regular Matching Contribution means a Matching Contribution which is not a Safe Harbor Matching Contribution or an Additional Matching Contribution.
The Regular Matching Contribution formula will be applied on the following basis: x(a)Plan Year.