ACP test. The Average Contribution Percentage for Eligible Participants who are Highly Compensated Employees for the Plan Year and the Average Contributions Percentage for Eligible Participants who are Nonhighly Compensated Employees for the same Plan Year must satisfy one of the following tests:
Appears in 8 contracts
Samples: Adoption Agreement (Innerdyne Inc), Merrill Lynch (Media 100 Inc), Adoption Agreement (Labor Ready Inc)
ACP test. The Average Contribution Percentage for Eligible Participants who are Highly Compensated Employees for the Plan Year and the Average Contributions Percentage for Eligible Participants who are Nonhighly Compensated Employees Employee for the same Plan Year must satisfy one of the following tests:
Appears in 1 contract
Samples: Adoption Agreement (Gadzooks Inc)