Common use of Multiple Safe Harbor Contributions in Disaggregated Plan Clause in Contracts

Multiple Safe Harbor Contributions in Disaggregated Plan. The Employer elects to make different Safe Harbor Contributions and/or Additional Matching Contributions to disaggregated parts of its Plan under Treas. Reg. §1.401(k)-1(b)(4) as follows: (Specify contributions for disaggregated plans, e.g., as to collectively bargained (union) Employees, a 3% Nonelective Safe Harbor Contribution applies and as to non-collectively bargained (union) Employees, the Basic Matching Contribution applies).

Appears in 5 contracts

Samples: willamette.edu, www.bowdoin.edu, hr.cornell.edu

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