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Common use of Describe Clause in Contracts

Describe. [Note: The Employer may elect operationally to perform interim valuations, provided such valuations do not result in discrimination in favor of Highly Compensated Employees.]

Appears in 3 contracts

Sources: Nonstandardized Profit Sharing/401(k) Plan Adoption Agreement, Volume Submitter Money Purchase Plan Adoption Agreement, Volume Submitter Money Purchase Plan Adoption Agreement

Parent Clauses

  • Allocation Method
  • Early Elective Deferrals/Delay of Safe Harbor Contribution
  • CATCH-UP DEFERRALS
  • Participant’s Employer Only
  • Multiple Safe Harbor Contributions in Disaggregated Plan

Sub-Clauses

  • Conditions
  • No Conditions
  • In-Service ▇▇▇▇ Rollover Events
  • Minimum Amount
  • 🞎 Distribution for Withholding
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