Contribution Type definition
Examples of Contribution Type in a sentence
In applying any Plan definition which references Section 1.11 Compensation, where the Employer in this Election 8 elects more than one Compensation definition for allocation purposes, the Plan Administrator will use W-2 wages for such other Plan definitions if the Employer has elected W-2 wages for any Contribution Type or Participant group under Election 8.
The inclusion does not apply to Compensation for purposes of any Contribution Type.
The following allocation conditions apply to the designated Contribution Type and/or forfeitures (Choose one or more of (1) through (7).
The following definition(s) of Compensation (as adjusted under Elections 9 and 10) applies in allocating Employer Contributions (or the designated Contribution Type) (Choose one or more of (a) through (e).
No exclusions as to the N/A [ ] [ ] [ ] [ ] designated Contribution Type.
A Participant does not accrue an Employer Contribution or forfeiture allocated as an Employer Contribution with respect to a Plan Year or other applicable period, until the Participant satisfies the allocation conditions for that Employer Contribution Type.
There are no additional excluded Employees under the Plan as to any Contribution Type (skip to Election 9).
Choose Contribution Type as applicable.): [Note: For this Election 28, except as the Employer describes otherwise in Election 28(b)(7) or as provided in Section 3.04(C)(2) regarding Operational QNECs, Matching includes all Matching Contributions and Nonelective includes all Nonelective Contributions to which allocation conditions may apply.
The following Employees are not Eligible Employees (either as to the overall Plan or the designated Contribution Type) (Choose (a), (b) or (c).
The Employer may elect to apply the same time period to all Contribution Types or to elect a different time period based on Contribution Type.