Allocation Formula. (Check Option 1 or 2) Option 1: [ ] Pro Rata Formula. Employer Contributions and Forfeitures shall be allocated to the Individual Accounts of qualifying Participants in the ratio that each qualifying Participant's Compensation for the Plan Year bears to the total Compensation of all qualifying Participants for the Plan Year.
Appears in 4 contracts
Sources: Profit Sharing Plan Adoption Agreement (Bull & Bear Gold Investors LTD), Standardized Profit Sharing Plan Adoption Agreement (Bull & Bear Funds Ii Inc), Profit Sharing Plan Adoption Agreement (Bull & Bear Gold Investors LTD)