Non-Integrated Formula Sample Clauses
Non-Integrated Formula. The Employer shall have the right to make a discretionary Non-Elective Contribution. The Employer's contribution for the Plan Year shall be made to the accounts of eligible Participants as follows:
a. Such contribution shall be allocated as a percentage of Compensation of eligible Participants for the Plan Year.
b. Such contribution shall be allocated in an amount fixed by an appropriate action of the Employer as of the time prescribed by law.
c. Such Contribution shall be equal to the formula determined under the following formula:
d. The Employer’s Non-Elective Contribution shall be equal to the formula determined under the following formula:
Non-Integrated Formula. If in the adoption agreement the employer elected a non-integrated formula, employer contributions will be allocated so that each participant who is entitled to receive an allocation of the employer's contribution receives an equal contribution as either a percentage of his plan compensation or a flat dollar amount for the plan year (employer contributions to a profit-sharing plan or employer supplemental profit-sharing contributions to a 401(k) plan), or so that each participant receives the percentage of his plan compensation for the plan year specified in the adoption agreement (money purchase pension plan). However, notwithstanding the above, if selected in the adoption agreement, a nonstandardized plan may require a participant to satisfy the requirements of subsection (b), (c), or (d) of Section 8.6.
Non-Integrated Formula. On a pro-rata basis to all Participants in the proportion that a Participant's Compensation bears to the total of all Participants' Compensation.
Non-Integrated Formula. In the same ratio as each eligible Participant’s Compensation for the Computation Determination Period bears to the total of such Compensation of all eligible Participants.
Non-Integrated Formula. If the Employer elects in the Adoption Agreement not to adopt an integrated allocation formula, then the total Non-Elective Employer Contributions for each Plan Year shall be allocated among the Individual Accounts of each Participant according to the ratio that the Participant's Compensation for the Plan Year bears to the total Compensation earned by all Participants for the Plan Year. CROW▇, ▇▇IZ▇▇ & ▇O. VOLUME SUBMITTED - 17 25 3.08 Allocation of Profit and Loss of Trust Fund to Accounts:
(a) Date of Valuation - As of the close of business on the last day of the Year and, if the Employer or the Plan Administrator has designated a Valuation Date or Valuation Dates in addition to the last day of the Year, as of the close of business on each such Valuation Date, the Trustee shall value the assets in the Trust Fund at their then market value.