Employer Contributions Account definition

Employer Contributions Account. The Account established for a Participant pursuant to Section 3.8.2.

Employer Contributions Account means the Account maintained on behalf of a Participant to represent the amount of Employer Contributions credited on his or her behalf, as adjusted to account for deemed gains and losses, withdrawals and distributions.

Employer Contributions Account means the accounts established and maintained by the Administrator for each Participant with respect to his total vested and nonvested interests (including any earnings and losses attributable thereon) under the Plan resulting from Employer Nonelective Contributions and/or Employer Matching Contributions.

Examples of Employer Contributions Account in a sentence

• Such contributions will be allocated to the Participant’s Employer Contributions Account.

• In the case of a deemed Cash-Out Distribution, if the Participant is entitled to an additional allocation under the Plan for the Plan Year in which the Participant terminates employment, the deemed Cash-Out Distribution is deemed to occur on the first day of the Plan Year following the Plan Year in which the termination occurs, provide the Participant is still totally nonvested in his or her Employer Contributions Account.

• For measles, this must include two doses of live measles vaccine.

• Upon receipt by the Pension Boards, Church or Employer Contributions shall be allocated to the Member’s Employer Contributions Account, unless the Contributions are required to be allocated to the Member’s Retirement Savings Account in accordance with Section 3.02(E)(2) of this Plan.

• If a Participant receives a distribution of less than the entire vested portion of his or her Employer Contributions Account (including any additional amounts to be allocated under section (1)(ii) below, the Participant will not be treated as receiving a Cash-Out Distribution until such time as the Participant receives a distribution of the remainder of the vested portion of his or her Employer Contributions Account.

More Definitions of Employer Contributions Account

Employer Contributions Account means the account established and maintained by the Administrator for each Participant with respect to his total vested interest (including any earnings and losses attributable thereon) under the Plan resulting from Employer Discretionary Contributions and/or Employer Matching Contributions.

Employer Contributions Account means the account maintained by the Plan Administrator in the name of a Participant to record his interest in the Trust Fund represented by his share of Employer Contributions (other than Salary Deferral Contributions, Negative Election Contributions, Qualified Matching Contributions, Qualified Nonelective Contributions and all Safe Harbor Matching Contributions) and Forfeitures, and the increase or decrease in the net worth of the Trust Fund allocable thereto. The Employer Contributions Account shall be divided into the Profit Sharing Contributions Account and Matching Contributions Account if necessary to accommodate different vesting schedules under Schedule 17 of the Adoption Agreement.

Employer Contributions Account means the account established for each Participant under this Plan pursuant to Section 4.01.

Employer Contributions Account means the Profit Sharing Contributions Account, ESOP Contributions Account, Matching Contributions Account and ESOP Investment Account.

Employer Contributions Account means the account described in Section 4.3 of the Plan.

Employer Contributions Account means the Account recording Employer Contributions for a Participant, as provided in Section 7.1(a)(ii).

Employer Contributions Account means the portion of the Member’s Account derived from Participating Company Contributions under subsection 4(e).