Correcting a Multiple Plan Excess. If a Participant, whose Account is credited with an excess Annual Addition, received allocations to more than one defined contribution plan, the excess shall be corrected by reducing the Annual Addition to this Plan only after all possible reductions have been made to the other defined contribution plans.
Appears in 9 contracts
Sources: Retirement & Savings Plan (Bank Jos a Clothiers Inc /De/), Retirement Savings Plan and Trust Agreement (Southdown Inc), Employee Stock Savings Plan (La Gear Inc)
Correcting a Multiple Plan Excess. If a Participant, whose Account is credited with an excess Annual Addition, received allocations to more than one defined contribution plan, the excess shall be corrected by reducing the Annual Addition to this the Plan only after all possible reductions have been made to the other defined contribution plans.
Appears in 7 contracts
Sources: Savings Plan Amendment (New Nisource Inc), 401(k) Maximum Advantage Program and Trust Agreement (Gerber Scientific Inc), 401(k) Savings Plan and Trust Agreement (Advo Inc)
Correcting a Multiple Plan Excess. If a Participant, Participant whose Account is credited with an excess Annual Addition, Addition received allocations to more than one defined contribution plan, the excess shall be corrected by reducing the Annual Addition to this Plan only after all possible reductions have been made to the other defined contribution plansPlan.
Appears in 2 contracts
Sources: 401(k) Plan and Trust Agreement (Leggett & Platt Inc), 401(k) Plan and Trust Agreement (Leggett & Platt Inc)
Correcting a Multiple Plan Excess. If a Participant, whose Account is credited with an excess Annual Addition, received allocations to more than one defined contribution plan, including the Hourly Plan and/or the Salaried Plan, the excess shall be corrected by reducing the Annual Addition to this the Plan prior to reducing the Annual Addition to the Hourly Plan and/or the Salaried Plan and only after all possible reductions have been made to the other defined contribution plans.
Appears in 1 contract
Sources: 401(k) Plan and Trust Agreement (Longview Fibre Co)