Common use of Allocating Employer Contributions Clause in Contracts

Allocating Employer Contributions. (a) The Employer must specify in the Adoption Agreement the manner in which the Employer’s contribution shall be allocated to Participants including any minimum contribution for Top-Heavy Plans. Employer contributions shall be allocated to all Participants eligible to receive a contribution as provided in the Adoption Agreement.

Appears in 18 contracts

Samples: Prototype Defined Contribution Plan, Prototype Defined Contribution Plan, Prototype Defined Contribution Plan (1st Constitution Bancorp)

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Allocating Employer Contributions. (a) The Employer must specify in the Adoption Agreement the manner in which the Employer’s 's contribution shall be allocated to Participants including any minimum contribution for Top-Heavy Plans. Employer contributions shall be allocated to all Participants eligible to receive a contribution as provided in the Adoption Agreement.

Appears in 4 contracts

Samples: Nonstandardized Adoption Agreement (Felcor Lodging Trust Inc), Prototype Defined Contribution (Spheris Leasing LLC), Nonstandardized Adoption Agreement (Banctrust Financial Group Inc)

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