Common use of In-Service Distributions Clause in Contracts

In-Service Distributions. EVENTS (6.01(C)). A Participant may elect an In-Service Distribution of the Nonelective Contribution and Matching Contribution Accounts based on any of the following events in accordance with Section 6.01(C). (Choose one of (a) or (b)): [Note: If the Employer elects any In-Service Distribution option, a Participant may elect to receive as many In-Service Distributions per Plan Year (with a minimum of one per Plan Year) as the Plan Administrator's In-Service Distribution form or policy may permit. If the form or policy is silent, the number of In-Service Distributions is not limited. Prevailing Wage Contributions are treated as Nonelective Contributions unless the Prevailing Wage Contract provides otherwise. See Section 6.01(C)(4)(d) if the Employer elects to use Prevailing Wage Contributions to offset other contributions.]

Appears in 2 contracts

Samples: Defined Contribution Prototype and Volume Submitter Plan, Defined Contribution Prototype and Volume Submitter Plan and Trust

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In-Service Distributions. EVENTS (6.01(C)). A Participant may elect an In-Service Distribution of the Nonelective designated Contribution and Matching Contribution Type Accounts based on any of the following events in accordance with Section 6.01(C). ) (Choose one of (a) or (b)): [Note: If the Employer elects any In-Service Distribution option, a Participant may elect to receive as many In-Service Distributions per Plan Year (with a minimum of one per Plan Year) as the Plan Administrator's In-Service Distribution form or policy may permit. If the form or policy is silent, the number of In-Service Distributions is not limited. Prevailing Wage Contributions are treated as Nonelective Contributions unless the Prevailing Wage Contract provides otherwise. See Section 6.01(C)(4)(d) if the Employer elects to use Prevailing Wage Contributions to offset other contributions.]

Appears in 1 contract

Samples: Defined Contribution Prototype and Volume Submitter Plan and Trust

In-Service Distributions. EVENTS (6.01(C)). A Participant may elect an In-Service Distribution of the Nonelective designated Contribution and Matching Contribution Type Accounts based on any of the following events in accordance with Section 6.01(C). ) (Choose one of (a) or (b)): b)):46 p. [Note: If the Employer elects any In-Service Distribution option, a Participant may elect to receive as many In-Service Distributions per Plan Year (with a minimum of one per Plan Year) as the Plan Administrator's In-Service Distribution form or policy may permit. If the form or policy is silent, the number of In-Service Distributions is not limited. Prevailing Wage Contributions are treated as Nonelective Contributions unless the Prevailing Wage Contract provides otherwise. See Section 6.01(C)(4)(d) if the Employer elects to use Prevailing Wage Contributions to offset other contributions.]

Appears in 1 contract

Samples: Participation Agreement (Caterpillar Inc)

In-Service Distributions. EVENTS (6.01(C)). A Participant may elect an In-Service Distribution of the Nonelective designated Contribution and Matching Contribution Type Accounts based on any of the following events in accordance with Section 6.01(C). ) (Choose one of (a) or (b)): [Note: If the Employer elects any In-Service Distribution option, a Participant may elect to receive as many In-Service Distributions per Plan Year (with a minimum of one per Plan Year) as the Plan Administrator's In-Service Distribution form or policy may permit. If the form or policy is silent, the number of In-Service Distributions is not limited. Prevailing Wage Contributions are treated as Nonelective Contributions unless the Prevailing Wage Contract provides otherwise. See Section 6.01(C)(4)(d) if the Employer elects to use Prevailing Wage Contributions to offset other contributions.]

Appears in 1 contract

Samples: Participation Agreement (Nci Building Systems Inc)

In-Service Distributions. EVENTS (6.01(C)). A Participant may elect an In-Service Distribution of the Nonelective designated Contribution and Matching Contribution Type Accounts based on any of the following events in accordance with Section 6.01(C). ) (Choose one of (a) or (b)): Nonstandardized 401(k) Plan [Note: If the Employer elects any In-Service Distribution option, a Participant may elect to receive as many In-Service Distributions per Plan Year (with a minimum of one per Plan Year) as the Plan Administrator's ’s In-Service Distribution form or policy may permit. If the form or policy is silent, the number of In-Service Distributions is not limited. Prevailing Wage Contributions are treated as Nonelective Contributions unless the Prevailing Wage Contract provides otherwise. See Section 6.01(C)(4)(d) if the Employer elects to use Prevailing Wage Contributions to offset other contributions.]

Appears in 1 contract

Samples: Prudential Adoption Agreement (Firstmerit Corp /Oh/)

In-Service Distributions. EVENTS (6.01(C)). A Participant may elect an In-Service Distribution of the Nonelective designated Contribution and Matching Contribution Type Accounts based on any of the following events in accordance with Section 6.01(C). ) (Choose one of (a) or (b)): [Note: If the Employer elects any In-Service Distribution option, a Participant may elect to receive as many In-Service Distributions per Plan Year (with a minimum of one per Plan Year) as the Plan Administrator's ’s In-Service Distribution form or policy may permit. If the form or policy is silent, the number of In-Service Distributions is not limited. Prevailing Wage Contributions are treated as Nonelective Contributions unless the Prevailing Wage Contract provides otherwise. See Section 6.01(C)(4)(d) if the Employer elects to use Prevailing Wage Contributions to offset other contributions.]

Appears in 1 contract

Samples: PPD Adoption Agreement (Simpson Manufacturing Co Inc /Ca/)

In-Service Distributions. EVENTS (6.01(C)). A Participant may elect an In-Service Distribution of the Nonelective Employer Contribution and Matching Contribution Accounts based on any of the following events in accordance with Section 6.01(C). (Choose one of (a) or (b)): [Note: If the Employer elects any In-Service Distribution option, a Participant may elect to receive as many In-Service Distributions per Plan Year (with a minimum of one per Plan Year) as the Plan Administrator's In-Service Distribution form or policy may permit. If the form or policy is silent, the number of In-Service Distributions is not limited. Prevailing Wage Contributions are treated as Nonelective Employer Contributions unless the Prevailing Wage Contract provides otherwise. See Section 6.01(C)(4)(d) if the Employer elects to use Prevailing Wage Contributions to offset other contributions.]

Appears in 1 contract

Samples: Defined Contribution Prototype Plan and Trust

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In-Service Distributions. EVENTS (6.01(C)). A Participant may elect an In-Service Distribution of the Nonelective designated Contribution and Matching Contribution Type Accounts based on any of the following events in accordance with Section 6.01(C). (Choose one of (a) or (b)): [Note: If the Employer elects any In-Service Distribution option, a Participant may elect to receive as many In-Service Distributions per Plan Year (with a minimum of one per Plan Year) as the Plan Administrator's In-Service Distribution form or policy may permit. If the form or policy is silent, the number of In-Service Distributions is not limited. Prevailing Wage Contributions are treated as Nonelective Contributions unless the Prevailing Wage Contract provides otherwise. See Section 6.01(C)(4)(d) if the Employer elects to use Prevailing Wage Contributions to offset other contributions.]

Appears in 1 contract

Samples: Defined Contribution Prototype and Volume Submitter Plan and Trust

In-Service Distributions. EVENTS (6.01(C)). A Participant may elect an In-Service Distribution of the Nonelective Employer Contribution and Matching Contribution Accounts based on any of the following events in accordance with Section 6.01(C). (Choose one of (a) or (b)): [Note: If the Employer elects any In-Service Distribution option, a Participant may elect to receive as many In-Service Distributions per Plan Year (with a minimum of one per Plan Year) as the Plan Administrator's In-Service Distribution form or policy may permit. If the form or policy is silent, the number of In-Service Distributions is not limited. limited Prevailing Wage Contributions are treated as Nonelective Employer Contributions unless the Prevailing Wage Contract provides otherwise. See Section 6.01(C)(4)(d) if the Employer elects to use Prevailing Wage Contributions to offset other contributions.]

Appears in 1 contract

Samples: Defined Contribution Prototype and Volume Submitter Plan and Trust

In-Service Distributions. EVENTS (6.01(C)). A Participant may elect an In-Service In‑Service Distribution of the Nonelective designated Contribution and Matching Contribution Type Accounts based on any of the following events in accordance with Section 6.01(C). ) (Choose one of (a) or (b)): [Note: If the Employer elects any In-Service In‑Service Distribution option, a Participant may elect to receive as many In-Service In‑Service Distributions per Plan Year (with a minimum of one per Plan Year) as the Plan Administrator's In-Service In‑Service Distribution form or policy may permit. If the form or policy is silent, the number of In-Service In‑Service Distributions is not limited. Prevailing Wage Contributions are treated as Nonelective Contributions unless the Prevailing Wage Contract provides otherwise. See Section 6.01(C)(4)(d) if the Employer elects to use Prevailing Wage Contributions to offset other contributions.]

Appears in 1 contract

Samples: Finisar Corp

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