Common use of Non-Elective Contribution Clause in Contracts

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.) ☐ 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.

Appears in 1 contract

Sources: Adoption Agreement

Non-Elective Contribution. The Employer's Non-Elective Contribution to the Plan shall be: (If you select one of b. through f.g., you may also select g. h. and h.) ☐ i.) o a. Not applicable - Non-Elective Contributions are not permitted. ☐ . o b. Discretionary, out of profits. ☐ . o c. Discretionary, but not limited to profits. ☐ . o d. Discretionary, but not limited to profits, by Employee Classification defined in D.9.e. below. ☐ . o e. Discretionary, but not limited to profits, by Employee Classification; each Participant is a separate class. o f. An amount necessary to meet the allocation requirements in D.9. below. o g. % of Eligible Compensation. (Not to exceed 25)

Appears in 1 contract

Sources: Volume Submitter Adoption Agreement