Highest Average Compensation. A term used to apply the combined plan limit under Code §415(e). See Section 7.5(b)(3).
Appears in 2 contracts
Sources: Defined Contribution Plan and Trust (National Penn Bancshares Inc), Defined Contribution Prototype Plan and Trust Agreement (Mercantile Bancorp, Inc.)
Highest Average Compensation. A term used to apply the combined plan limit under Code §?415(e). See Section 7.5(b)(3).
Appears in 1 contract
Sources: Profit Sharing/401(k) Prototype Plan and Trust (Capital Corp of the West)