Employer Profit Sharing Contributions. An Employee will be eligible to become a Participant in the Plan for purposes of receiving an allocation of any Employer Profit Sharing Contribution made pursuant to Section 11 of the Adoption Agreement after completing 1 (enter 0, 1, 2 or any fraction less than 2)
Employer Profit Sharing Contributions. An Employee will be eligible to become a Participant in the Plan for purposes of receiving an allocation of any Employer Profit Sharing Contribution made pursuant to Section 10 of the Adoption Agreement after attaining age 21 (no more than 21).
Employer Profit Sharing Contributions. For purposes of Employer Profit Sharing Contributions, does Compensation include Employer Contributions made pursuant to a salary reduction agreement which are not includible in the gross income of the Employee under any of the following Sections of the Code? (Answer "Included" or "Excluded" for each of the following items.) Section 125 (cafeteria plans) [X] Included [ ] Excluded Section 402(e)(3) (401(k) plans) [X] Included [ ] Excluded Section 402(h)(1)(B) (salary deferral SEP plans) [X] Included [ ] Excluded Section 403(b) (tax-sheltered annuity plans) [X] Included [ ] Excluded NOTE: If a box is not checked for an item, "Included" will be deemed to be selected for that item.
Employer Profit Sharing Contributions. The Employer Profit Sharing Contribution provisions under Questions 27. and
Employer Profit Sharing Contributions. For purposes of Employer Profit Sharing Contributions, Compensation will mean all of each Participant's (Choose one):
Employer Profit Sharing Contributions. For purposes of Employer Profit Sharing Contributions, Compensation shall not include the following (Check any that apply): [ ] Bonuses [X] Commission [ ] Overtime [ ] Other (Specify) ___________________________________ NOTE: No exclusions from Compensation are permitted if the integrated allocation formula in Section 11, Plan B is selected.
Employer Profit Sharing Contributions. An Employee will be eligible to become a Participant in the Plan for purposes of receiving an allocation of any Employer Profit Sharing Contribution made pursuant to Section 11 of the Adoption Agreement after attaining age 21 (no more than 21). NOTE: If any of the above items in this Section 4, Part B is left blank, it will be deemed there is no age requirement for such item. If a single Entry Date is selected in Section 4, Part F for an item, no age requirement can exceed 20 1/2 for such item.
Employer Profit Sharing Contributions. The Entry Dates for purposes of Employer Profit Sharing Contributions shall be (Choose one):
Employer Profit Sharing Contributions. For purposes of Employer Profit Sharing Contributions, Compensation shall be determined over the following applicable period (Choose one):
Employer Profit Sharing Contributions. (a) If elected in item 6 of the Adoption Agreement (Profit Sharing Plan), the Employer shall make an Employer Profit Sharing Contribution for each Plan Year ending on or after the Effective Date in the amount determined under such Adoption Agreement.
(b) The total amount of such Employer Profit Sharing Contribution for a Plan Year shall be allocated to the Account of each eligible Participant as follows:
(i) Unless otherwise elected in item 6(C) of the Adoption Agreement, the total amount of such Employer Profit Sharing Contribution shall be allocated based on the ratio that such eligible Participant's Compensation and/or Earned Income for the Plan Year bears to the total Compensation and Earned Income of all eligible Participants for the Plan Year.
(ii) If the Integration Formula is selected in item 6(C) of the Adoption Agreement, the total amount of such Employer Profit Sharing Contribution shall be allocated based on the ratio that such eligible Participant's Compensation and/or Earned Income for the Plan Year in excess of the integration level for the Plan Year bears to the total Compensation and Earned Income for all eligible Participants in excess of the integration level for the Plan Year; provided, however, that contributions allocated to a Participant with respect to Compensation and/or Earned Income in excess of the integration level shall not represent a greater percentage of such excess Compensation and/or Earned Income than the lesser of
(A) 200% of the base contribution percentage, or
(B) the base contribution percentage plus the greater of