401(k) Subaccount definition

401(k) Subaccount means the separate subaccount established for a Participant pursuant to Section 4.1(a).

Examples of 401(k) Subaccount in a sentence

  • Prior to Termination of Employment, a Participant may request a distribution from his or her 401(k) Subaccount due to hardship.

  • A Participant shall at all times have a vested percentage of 100% in the balance of his or her 401(k) Subaccount and Rollover Contributions Subaccount.

  • The amount of a hardship withdrawal from a Participant’s 401(k) Subaccount shall not exceed the amount of his or her Elective 401(k) Deferrals (without earnings).

  • Notwithstanding any contrary provision, a withdrawal from the 401(k) Subaccount may not exceed an amount equal to the 401(k) Contributions credited to such Subaccount.

  • A Participant shall at all times have a vested percentage of 100% in the balance of his or her 401(k) Subaccount, Rollover Contributions Subaccount and Employer Nonelective Contributions Subaccount.

  • A "401(k) Subaccount" to reflect amounts attributable to 401(k) Contributions made under this Plan, and to amounts attributable to balances transferred at the election of the Participant from his/her Before-Tax Subaccount under the ESOP to this Plan.

  • Subject to the Appendices to the Plan (as applicable), prior to Termination of Employment, a Participant may request a distribution from his or her 401(k) Subaccount due to hardship.

  • The amount of a hardship withdrawal from a Participant's 401(k) Subaccount shall not exceed the amount of his or her Elective 401(k) Deferrals (without earnings).

  • Page 23 (b) 401(k) Subaccount; (c) Matching Transfer Subaccount; and (d) Non-Matching Transfer Subaccount.

  • A withdrawal under this Section will be made from the 401(k) Subaccount.

Related to 401(k) Subaccount

  • General Subaccount is defined in Section 8.02(a) of the Indenture.

  • Company Matching Account means (i) the sum of all of a Participant's Annual Company Matching Amounts, plus (ii) amounts credited in accordance with all the applicable crediting provisions of this Plan that relate to the Participant's Company Matching Account, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant's Company Matching Account.

  • Matching Account means the account maintained on the books of the Employer for the purpose of accounting for the Matching Amount and for the amount of investment return credited thereto for each Participant pursuant to Article V.

  • Employer Account The Participant's Matching 401(k) Contributions Account, Matching Thrift Contributions Account, Employer Contributions Account, Qualified Matching Contributions Account and Qualified Nonelective Contributions Account, as the case may be.

  • Tax Account shall have the meaning set forth in Section 8.6 hereof.

  • 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.

  • Contribution Account means an account, or accounts, into which the Accountholder and employer contributions are deposited by the TPA, and from which HSA dollars are swept into the Cash Account.

  • Subaccount means any subaccount designated and established hereunder.

  • Deferral Account means the Company's accounting of the Director's accumulated Deferrals plus accrued interest.

  • Voluntary Contribution Account means the account established and maintained by the Administrator for each Participant with respect to his total interest in the Plan resulting from the Participant's nondeductible voluntary contributions made pursuant to Section 4.12.

  • Rollover Account means the account established hereunder to which amounts transferred from a qualified plan or individual retirement account in accordance with Section 4.6 are allocated.

  • 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.

  • Excess Funds Subaccount is defined in Section 8.02(a) of the Indenture.

  • Interest Collection Subaccount The meaning specified in Section 10.2(a).

  • ESOP Account means a Participant’s account to which are credited Matching Contributions made to the Plan after March 31, 1989, and earnings and losses thereon.

  • Company Contribution Account means (i) the sum of the Participant’s Company Contribution Amounts, plus (ii) amounts credited or debited to the Participant’s Company Contribution Account in accordance with this Plan, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant’s Company Contribution Account.

  • Deferred Account means the participant's Deferred Pension Account, Deferred Dividends Account, Deferred Retainer Account, Deferred Fees Account, Deferred Cash Account and/or Deferred Stock Account.

  • Profit Sharing Account means any one of the accounts so designated and provided for in Section 6.01.

  • Retirement Account means any retirement or pension fund or account, listed in Iowa Code section 627.6(8)“f” as exempt from execution, regardless of the amount of contribution, the interest generated, or the total amount in the fund or account.

  • Accumulation Account The account designated as such, established and maintained pursuant to Section 5.01(a)(iii) of the Trust Sale and Servicing Agreement.

  • Rollover Contribution Account means the separate Account maintained for a Member to record such Member's share of the Trust Fund attributable to any Rollover Contribution made to the Plan on his behalf.

  • Capital Subaccount is defined in Section 8.02(a) of the Indenture.

  • Cash Account has the meaning set forth in Section 2.1(a)(ii).

  • Plan Account means the account established for each Participant pursuant to Section 8(a).

  • Participant’s Account means an account maintained for each Participant’s participation in DSUs and/or RSUs under the Plan;

  • Deferred Compensation Account means the account maintained with respect to each Participant under the Plan. The Deferred Compensation Account shall be credited with Participant Deferral Credits and Employer Credits, credited or debited for deemed investment gains or losses, and adjusted for payments in accordance with the rules and elections in effect under Section 8. The Deferred Compensation Account of a Participant shall include any In-Service or Education Account of the Participant, if applicable.