ACTUAL DEFERRAL PERCENTAGE (ADP) TEST. For each Plan Year, the Plan Administrator must determine whether the Plan's 401(k) arrangement satisfies either of the following ADP tests:
Appears in 2 contracts
Samples: Participation Agreement (Petco Animal Supplies Inc), Bank of Granite Corp
ACTUAL DEFERRAL PERCENTAGE (ADP) TEST. For each Plan Year, the Plan Administrator must determine whether the Plan's ’s 401(k) arrangement satisfies either of the following ADP tests:
Appears in 2 contracts
Samples: Defined Contribution Prototype Plan and Trust Agreement (MSC Software Corp), Trimeris Inc