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Common use of QNEC Clause in Contracts

QNEC. The provisions of this Section 3.04(C) apply to QNEC contributions.

Appears in 4 contracts

Sources: Defined Contribution Prototype Plan and Trust Agreement (Bob Evans Farms Inc), 401(k) Plan Adoption Agreement (Knowles Corp), 401(k) Profit Sharing Plan (Nci Building Systems Inc)

Related Clauses

  • Elective Deferrals
  • Matching Contributions
  • Employer Contribution
  • Safe Harbor
  • Employer Contributions

Parent Clauses

  • Nonelective Contribution
  • Frozen Plan
  • Targeting Limitations
  • Participation Opt Out
  • Elective Deferrals as Employer Contributions

Sub-Clauses

  • Reverse QNEC allocation
  • Operational QNEC
  • Anti-conditioning and targeting
  • Separate Account
  • Plan-Designated QNEC
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