401(k) Contribution definition

401(k) Contribution means any amount contributed to the Plan on behalf of a Participant that the Participant could elect to receive in cash, but that the Participant elects to have contributed to the Plan in accordance with the provisions of Article IV.
401(k) Contribution means any amount contributed to the Plan on behalf of a Participant that the Participant could elect to receive in cash, but that the Participant elects, either affirmatively or pursuant to an automatic enrollment or passive increase provision, to have contributed to the Plan in accordance with the provisions of Article IV.
401(k) Contribution means the contribution effected pursuant to Article IV by a Participant to his 401(k) Contribution Account.

Examples of 401(k) Contribution in a sentence

  • In no event shall an Employer deliver 401(k) Contributions to the Trustee on behalf of an Eligible Employee prior to the date the Eligible Employee performs the services with respect to which the 401(k) Contribution is being made, unless such pre-funding is to accommodate a bona fide administrative concern and is not for the principal purpose of accelerating deductions.

  • If the Employer makes a QNEC that it elects to have treated as a Section 401(k) Contribution, the Contribution will be in an amount necessary to satisfy the Actual Deferral Percentage test and will be allocated first to those Non-Highly Compensated Employees who had the lowest Actual Deferral Ratio.

  • A “Catch-Up 401(k) Contribution” means any 401(k) Contribution made on behalf of a Participant that is in excess of an applicable Plan limit and is made pursuant to, and is intended to comply with, Code Section 414(v).

  • In addition, a Section 401(k) Contribution will be taken into account under the Actual Deferral Percentage test of Code section 401(k) and this Section for a Plan Year only if it is allocated to an Employee as of a date within that Plan Year.

  • The Employer may, from time to time in its discretion, and to the extent permitted by Section 401(k) of the Code, calculate such ratios by adding to the 401(k) Contribution for such Employee the Matching Contribution paid for the benefit of such Employee and qualified nonelective contributions (within the meaning of Code Section 401(m)(4)(C)).


More Definitions of 401(k) Contribution

401(k) Contribution means a contribution made by an Employer to this Plan on behalf of a Participant pursuant to Section 3.1.
401(k) Contribution means a contribution made pursuant to Sec. 4.1.
401(k) Contribution means your Pre-Tax or Roth 401(k) Contributions deducted from your Covered Pay on a pre-tax or Roth (after-tax) basis and deposited into the Plan by the Company pursuant to your election as described in Question 3.5 or pursuant to your automatic enrollment in the Plan as described in Question 3.6.
401(k) Contribution means the amount which the Participant elects to defer as a pre-tax contribution under Section 401(k) of the Code to the 401(k) Plan.
401(k) Contribution means contributions made by an Employer to the Plan on behalf of a Participant under the terms of a Participant's Salary Reduction Agreement (as defined in Section 4.2).
401(k) Contribution means a salary reduction contribution made on behalf of a Participant pursuant to Section 3.1.
401(k) Contribution means contributions made by the Company to the Plan on behalf of a Participant under the terms of a Salary Reduction Agreement (as defined in Section 4.2) entered into between the Company and the Plan and the Participant.