Non-Elective Contribution Clause Samples

Non-Elective Contribution. The Employer will make a QACA Non-Elective Contribution equal to 3% (or such higher percentage as may be elected by the Employer by resolution) of Compensation for the Plan Year. Such QACA Non-Elective Contribution will be made on behalf of: (check one) ¨ Any Participant in the Elective Deferral component of the Plan who is a NHCE, regardless of whether he or she makes Elective Deferrals or Voluntary Employee Contributions. ¨ Any Participant in the Elective Deferral component of the Plan, regardless of whether such Participant makes Elective Deferrals or Voluntary Employee Contributions. ¨ The following Participants ¨ QACA “Basic” Matching Contributions. The Employer will make a QACA Matching Contribution equal to the sum of (1) 100% of the Participant’s Elective Deferrals that do not exceed 1% of Compensation for the Allocation Period, plus (2) 50% of the Participant’s Elective Deferrals that exceed 1% of Compensation for the Allocation Period but do not exceed 6% percent of Compensation for the Allocation Period. Such QACA Matching Contribution will be made on behalf of: (check one) ¨ Any Participant in the Elective Deferral component of the Plan who is a NHCE and on whose behalf Elective Deferrals are made to the Plan. ¨ Any Participant in the Elective Deferral component of the Plan and on whose behalf Elective Deferrals are made to the Plan. ¨ The following Participants ¨ QACA “Enhanced” Matching Contributions. The Employer will make a QACA Matching Contribution equal to (1) 100% of the Participant’s Elective Deferrals that do not exceed % (must be at least 1% but not greater than 6%) of Compensation for the Allocation Period; plus, if applicable, (2) % of Elective Deferrals that exceed % (must be at least 1% but not greater than 6%) of Compensation but do not exceed % (must be greater than 1% but not greater than 6%) of Compensation for the Allocation Period; plus, if applicable, (3) % of Elective Deferrals that exceed % (must be greater than 1% but not greater than 6%) of Compensation but do not exceed % (must be greater than 1% but not greater than 6%) of Compensation for the Allocation Period.

Non-Elective Contribution. For those adjuncts who annually meet the eligibility requirement under Section (2)(a), 2(b), or 2(c) above, a non- elective contribution will be made on or about December 1 in the amount of 5% of the adjunct’s immediately previous Academic Year compensation.

Non-Elective Contribution. For any Year, instead of a Matching Contribution, the Employer may elect to contribute a Non-Elective Contribution of 2 percent of Compensation for the full Year for each Eligible Employee who received at least $5,000 of Compensation (or such lesser amount as elected by the Employer in the Adoption Agreement) for the Year.

Non-Elective Contribution. The Employer's Non-Elective Contribution to the Plan shall be: (If you select one of a. through g., you may also select h. and i.) ☐ a. Not applicable - Non-Elective Contributions are not permitted. ☐ b. Discretionary, out of profits. ☐ c. Discretionary, but not limited to profits. ☐ d. Discretionary, but not limited to profits, by Employee Classification defined in D.9.e. below. ☐ e. Discretionary, but not limited to profits, by Employee Classification; each Participant is a separate class. ☐ f. An amount necessary to meet the allocation requirements in D.9. below. ☐ g. ☐ h. Prevailing Wage Contribution - This contribution shall be determined pursuant to the ▇▇▇▇▇ ▇▇▇▇▇ Act or any other Federal, State, or Municipal prevailing wage law. All contributions must be 100% vested at all times, and shall be made on a timely basis as required by the various acts. No age or service requirement under this Plan shall apply to this contribution. (Must attach prevailing wage schedule.) 1. This contribution will be treated as a QNEC and will be added to any other Non- Elective Contribution made to the same Participants. 2. This contribution will be treated as a QNEC and will reduce any other Non- Elective Contribution made to the same Participants. ☐ i. Top-Heavy - In the event the Plan is Top-Heavy the Employer will, if necessary, make an additional contribution to meet the Top-Heavy requirements.

Non-Elective Contribution. The Employer's Non-Elective Contribution to the Plan shall be: a. Not applicable - Non-Elective Contributions are not permitted. b. Discretionary, but not limited to profits. c. Discretionary, but not limited to profits, by Employee Classification defined in D.5.c. below.

Non-Elective Contribution. The Employer will make a QACA Non-Elective Contribution equal to 3% (or such higher percentage as may be elected by the Employer by resolution) of Compensation for the Plan Year. Such QACA Non-Elective Contribution will be made on behalf of: (check one) o Any Participant in the Elective Deferral component of the Plan who is a NHCE, regardless of whether he or she makes Elective Deferrals or Voluntary Employee Contributions. o Any Participant in the Elective Deferral component of the Plan, regardless of whether such Participant makes Elective Deferrals or Voluntary Employee Contributions. o The following Participants ___________________________________________________ (Any Participant in the Elective Deferral component of the Plan who is a NHCE must be included regardless of whether he or she makes Elective Deferrals or Voluntary Employee Contributions)

Non-Elective Contribution. The Employer's Non-Elective Contribution to the Plan shall be:

Non-Elective Contribution. The Employer’s Non-Elective Contribution to the Plan shall be: (If you select one of b. through f., you may also select g. and h.)

Non-Elective Contribution. Effective February 9, 2024 (pay period 2024-3) and annually thereafter in the third pay period of subsequent years, the County will make a non-elective contribution equal to two percent (2%) of annualized compensation to the 401k account of each eligible employee covered by this Agreement. To be eligible for the non- elective contribution, an employee must be on the active payroll as of December 31 of the calendar year immediately preceding the payment date, possess a minimum of five (5) years of continuous County service as of December 31, and be scheduled to receive a regular (not final) paycheck for the pay period in which the non- elective contribution is to be made (i.e., third pay period). For example, an employee covered by this Agreement who is employed as of December 31, 2023, and possesses six (6) years of continuous County service as of that date, and is scheduled to receive a regular pay check in pay period 2024-3, shall be eligible for the non-elective contribution to their 401k plan. An employee no longer covered by this Agreement, for any reason, as of December 31, 2023, will be ineligible for the non-elective contribution. Likewise, an employee who is covered by this Agreement as of December 31, 2023, and has less than five (5) years of continuous County service as of that date will be ineligible for the non-elective contribution. The amount of the non-elective contribution under this section shall be calculated based on the compensation components as defined in Section 1901(3) of this Agreement for the 26 pay periods consisting of pay periods #2 - #26 (or #27, when applicable) of the preceding calendar year and pay period #1 of the subsequent calendar year. The non-elective contribution is subject to all applicable IRS limitations.