Employer plan definition

Employer plan means the types of eligible retirement plans specified in A.R.S. § 38-770(D)(3)(c), (d), (e), and (f).

Employer plan means any tax-qualified plan of the Company.

Employer plan means a defined contribution plan adopted by the Employer that is intended to meet the requirements for qualification under Section 401 (a) of the Code and that participates in this Contract pursuant to the Master Trust or the Pooled Trust.

Examples of Employer plan in a sentence

• No termination of a Single Employer Plan has occurred, and no Lien in favor of the PBGC or a Plan has arisen, during such five-year period.

• The present value of all accrued benefits under each Single Employer Plan (based on those assumptions used to fund such Plans) did not, as of the last annual valuation date prior to the date on which this representation is made or deemed made, exceed the value of the assets of such Plan allocable to such accrued benefits by a material amount.

• The present value of all accrued benefits under each Single Employer Plan (based on those assumptions used to fund such Plans) did not, as of the last annual valuation date prior to the date on which this representation is made or deemed made, exceed the value of the assets of such Plan allocable to such accrued benefits.

• The present value of all accrued benefits under each Single Employer Plan (based on those assumptions used to fund such Plans) did not, as of the last annual valuation date prior to the date on which this representation is made or deemed made, exceed the value of the assets of such Plan allocable to such accrued benefits by an amount which, as determined in accordance with GAAP, could reasonably be expected to have a Material Adverse Effect.

• No termination of a Single Employer Plan has occurred resulting in any liability that has remained underfunded, and no Lien in favor of the PBGC or a Plan has arisen, during such five-year period which could reasonably be expected to have a Material Adverse Effect.

More Definitions of Employer plan

Employer plan means any employee benefit plan established and maintained by a Qualified Employer pursuant to either of the ABA Members Plans.

Employer plan means any employee pension or profit sharing plan intended to be qualified under Section 401(a) of the Code and established and maintained by an Employer pursuant to either of the ABA Members Plans.

Employer plan means a tax deferred annuity safe-harbor non-ERISA plan designed to meet the requirements of IRC § 403(b) and Department of Labor Regulation §2510.3-2(f) (as amended) or a governmental IRC § 403(b) plan that is designed to follow some or all of the rules set forth in that regulation.

Employer plan s Start Date” means:

Employer plan means a non-qualified deferred compensation plan (other than the Plan) sponsored by the Employer that is intended to qualify for the exemptions provided in Sections 201, 301, and 401 of ERISA.

Employer plan means each plan as to which the Owner Participant ------------- is a party in interest by virtue of (i) Section 3(14)(C) of ERISA or (ii) - -- Section 3(14)(E) of ERISA (to the extent it relates to subsection (C)) or (iii) --- Section 3(14) (G) of ERISA (to the extent it relates to subsection (C) or (E)) (but only to the extent subsection (E) relates to subsection (C)).

Employer plan means the Employer’s written plan which satisfies, in form and operation, the requirements of Code Sections 1.403(b)-1 through 1.403(b)-11 and under which the Account may be maintained. The Account (and this Agreement together with the ISA) shall be part of the Employer Plan. “ERISA” means the Employee Retirement Income Security Act of 1974, as amended. “FUND” means an open-end management investment company, or series thereof, (commonly referred to as a “mutual fund”) registered with the Securities and Exchange Commission, whose shares are distributed by Franklin Xxxxxxxxx Distributors, Inc., an affiliate of the Custodian “INFORMATION SHARING AGREEMENT” or “ISA” means the agreement described in Article VII.3. “ORPHANED ACCOUNT” means an Account that is not subject to an Employer Plan or the Employer sponsoring the Employer Plan cannot be located, the Employer is no longer an eligible employer as defined in Code Section 1.403(b)-2(b)(8), or other similar situations. If the Account is deemed an Orphaned Account, the Custodian shall follow applicable Code and ERISA guidance in determining its proper nondiscretionary treatment and/or disposition of the Account. “PARTICIPANT” means (i) the person who submitted the application pursuant to which Custodian establishes an Account for that person; or (ii) a Beneficiary holding assets in the Account who has not yet received a distribution of all assets in the Account. “THIRD PARTY PLAN ADMINISTRATOR” or “TPA” means person(s) retained and/or appointed by the Employer to administer, provide services to or act on behalf of Employer in connection with the Employer Plan. The Custodian is not a TPA. “XXXX 403(b) CONTRIBUTIONS” means such contributions, if permitted by the Plan, made pursuant to Code Section 403(b) rules governing Xxxx 403(b) accounts established for a Participant under rules established by the Plan. “SALARY REDUCTION CONTRIBUTION” means a contribution made by the Employer to the Custodial Account of the Participant, on behalf of a Participant, in accordance with the salary reduction agreement entered into between the Employer and the Participant. “SHARES” means shares of the Fund(s) selected by Participant and held for Participant by Custodian in this Account. ARTICLE II DEFINITIONS The following terms used in this Agreement have the meanings indicated, unless the context clearly requires otherwise. “AFTER-TAX CONTRIBUTIONS” means contributions made to the Plan on behalf of a Participant on an after-tax ba...