Common use of Top-Heavy Plan Clause in Contracts

Top-Heavy Plan. For any Plan Year beginning after 1983, the Employer's Plan is top-heavy if any of the following conditions exist: (a) If the Top-Heavy Ratio for the Employer's Plan exceeds 60% and this Plan is not part of any required Aggregation Group or Permissive Aggregation Group of Plans. (b) If the Employer's plan is a part of a Required Aggregation Group of plans but not part of a Permissive Aggregation Group and the Top-Heavy Ratio for the group of plans exceeds 60%. (c) If the Employer's plan is a part of a Required Aggregation Group and part of a Permissive Aggregation Group of plans and the Top-Heavy Ratio for the Permissive Aggregation Group exceeds 60%.

Top-Heavy Plan. For any Plan Year beginning after 1983, the Employer's Plan is top-heavy if any of the following conditions exist: (a) If the Top-Heavy Ratio for the Employer's Plan exceeds 60% and this Plan is not part of any required Required Aggregation Group or Permissive Aggregation Group of Plans. (b) If the Employer's plan is a part of a Required Aggregation Group of plans but not part of a Permissive Aggregation Group and the Top-Heavy Ratio for the group of plans exceeds 60%. (c) If the Employer's plan is a part of a Required Aggregation Group and part of a Permissive Aggregation Group of plans and the Top-Heavy Ratio for the Permissive Aggregation Group exceeds 60%.

Top-Heavy Plan. For any Plan Year beginning after 1983, the Employer's Plan is top-heavy Top Heavy if any of the following conditions exist: (a) If the Top-Top Heavy Ratio for the Employer's Plan exceeds 60% and this Plan is not part of any required Required Aggregation Group or Permissive Aggregation Group of Plans. (b) If the Employer's plan is a part of a Required Aggregation Group of plans but not part of a Permissive Aggregation Group and the Top-Top Heavy Ratio for the group of plans exceeds 60%. (c) If the Employer's plan is a part of a Required Aggregation Group and part of a Permissive Aggregation Group of plans and the Top-Top Heavy Ratio for the Permissive Aggregation Group exceeds 60%.

Top-Heavy Plan. For any Plan Year beginning after 1983, the Employer's Plan is top-heavy if any of the following conditions exist: (a) If the Top-Heavy Ratio for the Employer's Plan exceeds 60% and this Plan is not part of any required Aggregation Group or Permissive Aggregation Group of Plans. (b) If the Employer's plan is a part of a Required Aggregation Group of plans but not part of a Permissive Aggregation Group and the Top-Heavy Ratio for the group of plans exceeds 60%. (c) If the Employer's plan is a part of a Required Aggregation Group and part of a Permissive Aggregation Group Croup of plans and the Top-Heavy Ratio for the Permissive Aggregation Group exceeds 60%.