CODA Compensation definition
CODA Compensation. Solely for purposes of determining the Actual Deferral Percentage and the Contribution Percentage, CODA Compensation shall be Compensation excluding or including "elective contributions" as specified in the Adoption Agreement. The preceding sentence shall be effective for Plan Years beginning on or after January 1, 1989.
CODA Compensation. 2 1.17 "Code" 2 1.18 "Compensation" 2 1.19 "Contribution Percentage" 3 1.20 "Contribution Percentage Amounts" 3 1.21 "Defined Benefit Plan" 3 1.22 "Defined Contribution Plan" 3 1.23 "Disability" 3 1.24 "Early Retirement" 3 1.25 "Early Retirement Date" 3 1.26 "Earned Income" 3 1.27 "Elective Deferrals" 3 1.28 "Elective Deferrals Account" 4 1.29 "Eligible Employee" 4 1.30 "Eligible Participant" 4 1.31 "Employee" 4 1.32 "Employee Thrift Contributions" 4 1.33 "Employee Thrift Contributions Account" 4 1.34 "Employer" 4 1.35 "Employer Account" 4 1.36 "Employer Contributions" 4 1.37 "Employer Contributions Account" 4 1.38 "Employment" 4 1.39 "Entry Date" 4 1.40 "ERISA" 4 1.41 "Excess Aggregate Contributions" 5 1.42 "Excess Contributions" 5 1.43 "Excess Elective Deferrals" 5 1.44 "Family Member" 5 1.45 "401(k) Contributions Accounts" 5 1.46 "401(k) Election" 5 1.47 "Fully Vested Separation" 5 1.48 "Group Trust" 5 1.49 "Highly Compensated Employee" 5 1.50 "Hour of Service" 6 1.51 "Immediately Distributable" 6 1.52 "Investment Manager" 6 1.53 "Key Employee" 6 TABLE OF CONTENTS
CODA Compensation. A cash or deferred arrangement pursuant to Code Section 401(k) which is part of a profit sharing plan and under which an Eligible Participant may elect to make Elective Deferrals in accordance with Section 3.4.1.
Examples of CODA Compensation in a sentence
The ratio of (1) the ADP Contribution Amounts actually paid over to the Trust for the Plan Year on behalf of any Participant who was an Active Participant at any time during the Plan Year to (2) such Participant's CODA Compensation for the Plan Year.
The ratio of (1) the ACP Contribution Amounts actually paid over to the Trust on behalf of any Participant who was an Active Participant at any time during the Plan Year to (2) such Participant's CODA Compensation for the Plan Year.
More Definitions of CODA Compensation
CODA Compensation means solely for purposes of determining the Actual Deferral Percentage and the Contribution Percentage, CODA Compensation shall be Compensation excluding or including "elective contributions" as specified in the Adoption Agreement. The preceding sentence shall be effective for Plan Years beginning on or after January 1, 1989.
CODA Compensation. Solely for purposes of determining the Actual Deferral Percentage and the Actual Contribution Percentage, CODA Compensation shall be Compensation either excluding or including Elective Contributions as specified in the Adoption Agreement. If elected by the Primary Employer in the Adoption Agreement, a Participant's CODA Compensation shall, for the Plan Year that includes the Participant's Entry Date, only include Compensation actually paid on and after the Participant's Entry Date (i.e., during the Participant's period of participation). The preceding sentence shall be effective as of the date specified in the section of the Adoption Agreement setting forth the elections with respect to CODA Compensation.