Common use of Age Based Allocation Clause in Contracts

Age Based Allocation. Each eligible Participant shall receive a allocation of the Employer discretionary contribution based on the age of the Participant as shown in the table below: (Plans intending to provide a schedule that "increases smoothly" under Reg. 1.401(a)(4)-8 must enter percentages that increase, but not more than 5% points or by a ratio of 2.) Ages grouped in 10 year intervals: Attained Age Percentage of Compensation Less than 25 % 25 to 34 % 35 to 44 % 45 to 54 % 55 to 64 % 65 or older %

Age Based Allocation. Each eligible Participant shall receive a an allocation of the Employer discretionary contribution based on the age of the Participant as shown in the table below: (Plans intending to provide a schedule that "increases smoothly" under Reg. 1.401(a)(4)-8 must enter percentages that increase, but not more than 5% points or by a ratio of 2.) Ages grouped in 10 year intervals: Attained Age Percentage of Compensation Less than 25 % 25 to 34 % 35 to 44 % 45 to 54 % 55 to 64 % 65 or older %

Age Based Allocation. Each eligible Participant shall receive a allocation of the Employer discretionary contribution based on the age of the Participant as shown in the table below: (Plans intending to provide a schedule that "increases smoothly" under Reg. 1.401(a)(4)-8 must enter percentages that increase, but not more than 5% points or by a ratio of 2.) Ages grouped in 10 year intervals: Attained Age Percentage of Compensation Less than 25 % 25 to 34 % 35 to 44 % 45 to 54 % 55 to 64 % 65 or older %% ☐ i. Each Participant will receive: (Must select at least age or service.)