Common use of Four-Step Integrated Allocation Formula Clause in Contracts

Four-Step Integrated Allocation Formula. (1) For each Participant eligible to share in the allocation for a Plan Year, contributions to Profit Sharing Contributions Accounts with respect to a Plan Year, plus any forfeitures, if forfeitures are reallocated to Participants, shall be allocated to the Profit Sharing Contributions Account of each eligible Participant as follows:

Appears in 1 contract

Sources: Defined Contribution Plan and Trust (Comstock Resources Inc)

Four-Step Integrated Allocation Formula. (1) For each Participant eligible to share in the allocation for a Plan Year, contributions to Profit Sharing Contributions Accounts with respect to a Plan Year, plus any forfeitures, if forfeitures are reallocated to Participants, shall be allocated to the Profit Sharing Contributions Account of each eligible Participant as follows:

Appears in 1 contract

Sources: 401(k) Profit Sharing Plan Adoption Agreement (Atlas America Inc)