Prior Year Testing. (a) the actual contribution percentage for a Plan Year for Members who are Highly Compensated Employees for the Plan Year shall not exceed the prior Plan Year’s actual contribution percentage for Members who were Non-Highly Compensated Employees for the prior Plan Year multiplied by 1.25, or
Appears in 4 contracts
Samples: Adoption Agreement (Newport Bancorp Inc), Adoption Agreement (Sugar Creek Financial Corp), Trust Agreement (Northeast Community Bancorp Inc)