Common use of Fixed Nonelective Contribution Clause in Contracts

Fixed Nonelective Contribution. (Choose one or more of (1) through (8). References to Participants are limited to Participants eligible to receive an allocation of Nonelective Contributions.): (1) Uniform %. % of each Participant’s Compensation, per (e.g., Plan Year, month).

Appears in 2 contracts

Sources: 403(b) Volume Submitter Plan Adoption Agreement, 403(b) Volume Submitter Plan Adoption Agreement

Fixed Nonelective Contribution. (Choose one or more of (1) through (8). References to Participants are limited to Participants eligible to receive an allocation of Nonelective Contributions.): (1) Uniform %. 10.00% of each Participant’s Compensation, per Plan Year (e.g., Plan Year, month).

Appears in 2 contracts

Sources: Adoption Agreement, 403(b) Volume Submitter Plan Adoption Agreement

Fixed Nonelective Contribution. (Choose one or more of (1) through (8). References to Participants are limited to Participants eligible to receive an allocation of Nonelective Contributions.): (1) 🞎 Uniform %. % of each Participant’s Compensation, per (e.g., Plan Year, month). (2) 🞎 Fixed Dollar Amount. $ , per (e.g., Plan Year, month, Hour of Service, per Participant per month).

Appears in 2 contracts

Sources: 403(b) Retirement Plan, 403(b) Volume Submitter Plan Adoption Agreement