401(k) Salary Deferral Contributions definition

401(k) Salary Deferral Contributions means the pre-tax, salary deferral contributions made by the Employer to the Profit Sharing/401(k) Plan on behalf of a Participant pursuant to the Participant’s election.
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Examples of 401(k) Salary Deferral Contributions in a sentence

  • If necessary to satisfy the requirements of Code Section 401(k), Salary Deferral Contributions shall be adjusted in accordance with the following provisions of this Section.

  • However, you must still pay Social Security Taxes on your gross wages.Employer Safe-Harbor MatchingYour employer will match 100% of your 401(k) Salary Deferral Contributions up to 5% of your contribution.Employer Non-Elective or DiscretionaryYour employer may make an additional Discretionary Employer Contribution each year.

  • Church membership enables the Church to maintain a means of exclusion and inclusion in a day when the clearness of the Christian and non-Christian dividing line has given way to a fuzzy professing Christianity.

  • Despite the ongoing dispute regarding the species recorded in the video, there have been no conclusive videos gathered since then that confirm the persistence of the species.The audio recordings obtained during this search effort were examined, and the vocalizations were evaluated and, in some cases, were not found to be distinguishable from other species of birds, such as blue jays (Cyanocitta cristata), or other ambient sounds (e.g. tree limbs rubbing, other mechanical sounds, etc.) (Jackson 2006).

  • Types of conTriBUTionsThree types of contributions are permitted to the Plan: 401(k) (Salary Deferral) Contributions, Employer Contributions, and Rollover Contributions.

  • A Participant’s Elective Contribution Account, Catch-Up Contribution Account, Rollover Contribution Account, PSP Rollover Contribution Account, Transferred Contribution Account, After-Tax Contribution Account, Transferred 401(k) Salary Deferral Contributions Account, Transferred Employer Contributions Account, Newkirk After-Tax Contribution Account, Safe Harbor Contribution Account, Qualified Non-Elective Contribution Account and DEC Account shall be fully vested at all times.

  • The undersigned further understand(s) that providing false representations herein constitutes an act of fraud.Signature of Household MemberPrinted Name of Household MemberDateIRS Form 4506-TComplete the form on the following page and return it with your application if you:1.

  • However, you must complete a 401(k) Salary Deferral Contributions Enrollment/Change Form to direct the deposit of those contributions among the Plan’s investment funds of the Investment Venues.

  • The 401(k) Salary Deferral Contributions Enrollment/Change Form provides an option by which you may direct the Payroll Coordinator to automatically increase the amount of catch-up contributions made on your behalf each year in accordance with the increase (if any) in this IRS-imposed limit for any succeeding year.

  • The 401(k) Salary Deferral Contributions Enrollment/Change Form provides an option by which you may direct the Payroll Coordinator to automatically increase the amount of salary deferral contributions made on your behalf each year in accordance with the increase (if any) in this IRS-imposed limit for any succeeding year.

Related to 401(k) Salary Deferral Contributions

  • Deferral Contributions are Salary Reduction Contributions and Cash or Deferred Contributions the Employer contributes to the Trust on behalf of an Eligible Employee, irrespective of whether, in the case of Cash or Deferred Contributions, the contribution is at the election of the Employee. For Salary Reduction Contributions, the terms "deferral contributions" and "elective deferrals" have the same meaning.

  • Deferral Contribution means any contribution made to the Plan by the Employer in accordance with the provisions of Section 5.03.

  • Matching Contributions means contributions made by the Employer on account of an "eligible Participant's" Elective Deferrals.

  • Matching Contribution means an Employer contribution made to this or any other Defined Contribution Plan on behalf of a Participant on account of an Employee Contribution made by such Participant, or on account of a Participant's Employee Elective Deferral, under a plan maintained by the Employer.

  • Employer Matching Contributions means the Employer matching contributions made to the Trust Fund pursuant to Article V (Employer Matching Contributions).

  • Company Matching Contributions means any contributions made to the Company Matching Account of a Participant by a Participating Employer as provided for in Section 4.02.

  • Elective Deferral Account means the account established hereunder to which Elective Deferrals (including a separate accounting for Catch-Up Contributions) are allocated. Amounts in the Participant's Elective Deferral Account are nonforfeitable when made and are subject to the distribution restrictions of Section 12.2(e). The Elective Deferral Account may consist of the

  • Employer Contribution means the amount paid by an employer, as determined by the employer rate, including the normal and deficiency rates, contributions, and funds wherever used in this chapter.

  • Qualified Matching Contributions means Matching Contributions which are immediately nonforfeitable when made, and which would be nonforfeitable, regardless of the age or service of the Employee or whether the Employee is employed on a certain date, and which may not be distributed, except upon one of the events described under Section 401(k)(2)(B) of the Code and the regulations thereunder.

  • Matching Contribution Account means the separate, individual account established on behalf of a Participant to which the Matching Contributions made on such Participant's behalf are credited, together with all earnings and appreciation thereon, and against which are charged any withdrawals, loans and other distributions made from such account and any losses, depreciation or expenses allocable to amounts credited to such account.

  • Compensation Deferral means the amount or amounts of the Director's Compensation deferred under the provisions of Section 3 of this Agreement.

  • Employer Contributions means all amounts paid into ASRS by an

  • Bonus Deferral means the amount of a Participant’s Bonus Compensation which the Participant elects to have withheld on a pre-tax basis from his Bonus Compensation and credited to his account pursuant to Section 4.1.

  • Qualified Matching Contribution means any employer contribution allocated to an Eligible Employee's account under any plan of an Employer or a Related Company solely on account of "elective contributions" made on his behalf or "employee contributions" made by him that is a qualified matching contribution as defined in regulations issued under Code Section 401(k), is nonforfeitable when made, and is distributable only as permitted in regulations issued under Code Section 401(k).

  • Excess Elective Deferrals means the amount of Elective Deferrals (as defined below) for a calendar year that the Participant designates to the Plan pursuant to the following procedure. The Participant’s designation: shall be submitted to the Administrator in writing no later than March 1; shall specify the Participant’s Excess Elective Deferrals for the preceding calendar year; and shall be accompanied by the Participant’s written statement that if the Excess Elective Deferrals is not distributed, it will, when added to amounts deferred under other plans or arrangements described in Section 401(k), 408(k) or 403(b) of the Code, exceed the limit imposed on the Participant by Section 402(g) of the Code for the year in which the deferral occurred. Excess Elective Deferrals shall mean those Elective Deferrals that are includible in a Participant's gross income under Section 402(g) of the Code to the extent such Participant's Elective Deferrals for a taxable year exceed the dollar limitation under such Code section.

  • Elective Deferrals are all Salary Reduction Contributions and that portion of any Cash or Deferred Contribution which the Employer contributes to the Trust at the election of an Eligible Employee. Any portion of a Cash or Deferred Contribution contributed to the Trust because of the Employee's failure to make a cash election is an elective deferral. However, any portion of a Cash or Deferred Contribution over which the Employee does not have a cash election is not an elective deferral. Elective deferrals do not include amounts which have become currently available to the Employee prior to the election nor amounts designated as nondeductible contributions at the time of deferral or contribution.

  • Elective Deferral means the portion of Compensation which is deferred by a Participant under Section 4.1.

  • Employer Contribution Account means, for any Participant, the account established by the Administrator or Trustee to which Employer Contributions made under Section 3.5 for the Participant's benefit are credited.

  • Participant Contributions means contributions made by the Participant pursuant to an executed Pay Reduction Agreement subject to the Participant Contribution limits contained in Article III.

  • Annual Deferral Amount means that portion of a Participant's Base Annual Salary and Annual Bonus that a Participant elects to have, and is deferred, in accordance with Article 3, for any one Plan Year. In the event of a Participant's Retirement, Disability (if deferrals cease in accordance with Section 8.1), death or a Termination of Employment prior to the end of a Plan Year, such year's Annual Deferral Amount shall be the actual amount withheld prior to such event.

  • Non-Elective Contribution means the Employer contributions to the Plan excluding, however, contributions made pursuant to the Participant's deferral election provided for in Section 4.2 and any Qualified Non-Elective Contribution used in the "Actual Deferral Percentage" tests.

  • Employee Contributions are contributions made by a Participant on an after-tax basis, whether voluntary or mandatory, and designated, at the time of contribution, as an employee (or nondeductible) contribution. Elective deferrals and deferral contributions are not employee contributions. Participant nondeductible contributions, made pursuant to Section 4.01 of the Plan, are employee contributions.

  • Annual Contribution means the annual payment to the Fund made by each Member in return for Coverage by the Fund for a Fund Year;

  • Company Contributions means the contributions made by the Company pursuant to Section 3.3.

  • Nonelective Contribution means an amount contributed by a participating

  • Rollover Contributions means, for any Participant, his rollover contributions as provided in Section 7.1.