Pro Rata Allocation Method. (See Section 2.3(e)(1) of the BPD.) The QNEC will be allocated as a uniform percentage of Included Compensation to: (1) all Eligible Participants who are Nonhighly Compensated Employees. [ ] (2) all Eligible Participants.
Appears in 3 contracts
Sources: 401(k) Plan Adoption Agreement (Mercantile Bancorp, Inc.), Profit Sharing/401(k) Plan Adoption Agreement (Capital Corp of the West), 401(k) Plan Adoption Agreement (Mercantile Bancorp, Inc.)
Pro Rata Allocation Method. (See Section 2.3(e)(1) of the BPD.) The QNEC will be allocated as a uniform percentage of Included Compensation to:
: [X] (1) all Eligible Participants who are axe Nonhighly Compensated Employees. [ ] (2) all Eligible Participants.
Appears in 1 contract
Sources: Defined Contribution Plan and Trust (National Penn Bancshares Inc)
Pro Rata Allocation Method. (See Section 2.3(e)(1) of the BPD.) The QNEC will be allocated as a uniform percentage of Included Compensation to:
(1) all Eligible Participants who are Nonhighly Compensated Employees. [ ] .
(2) all Eligible Participants. [X] b. Bottom-up QNEC method. The QNEC will be allocated to Eligible Participants who are Nonhighly Compensated Employees in reverse order of Included Compensation. (See Section 2.3(e)(2) of the BPD.)
Appears in 1 contract
Sources: 401(k) Plan Adoption Agreement (Peoples Holding Co)
Pro Rata Allocation Method. (See Section 2.3(e)(1) of the BPD.) The QNEC will be allocated as a uniform percentage of Included Compensation to:
þ (1) all Eligible Participants who are Nonhighly Compensated Employees. [ ] o (2) all Eligible Participants.
Appears in 1 contract
Sources: 401(k) Plan Adoption Agreement (Checkfree Corp \Ga\)
Pro Rata Allocation Method. (See Section 2.3(e)(1) of the BPD.) The QNEC will be allocated as a uniform percentage of Included Compensation to:
(11 ) all Eligible Participants who are Nonhighly Compensated Employees. [ ] (2) all Eligible Participants.
Appears in 1 contract
Sources: 401(k) Plan Adoption Agreement (Checkfree Corp \Ga\)