ACTUAL CONTRIBUTION PERCENTAGE (ACP) TEST. For each Plan Year, the Plan Administrator must determine whether the annual Employer matching contributions (other than qualified matching contributions used in the ADP test under Section 14.08), if any, and the Employee contributions, if any, satisfy either of the following ACP tests:
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Samples: Defined Contribution Prototype Plan and Trust Agreement (MSC Software Corp), Participation Agreement (Petco Animal Supplies Inc), Trimeris Inc
ACTUAL CONTRIBUTION PERCENTAGE (ACP) TEST. For each Plan Year, the ----------------------------------------- Plan Administrator must determine whether the annual Employer matching contributions (other than qualified matching contributions used in the ADP test under Section 14.08), if any, and the Employee contributions, if any, satisfy either of the following ACP tests:
Appears in 1 contract
