Examples of Deferral ratio in a sentence
An Eligible Participant who does not receive Includible Contributions for a Plan Year shall have a Deferral Ratio of zero.
To be included in determining an Eligible Participant’s Deferral Ratio for the Plan Year, Includible Contributions must be allocated to the Participant’s Account as of a date within such Plan Year and made before the last day of the 12-month period immediately following the Plan Year to which the Includible Contributions relate.
It shall first be made with respect to Higher Compensated Employees with the highest Actual Deferral Ratio for the Plan Year and then with respect to Higher Compensated Employees with the next highest Actual Deferral Ratio for the Plan Year and so on, in descending order from the highest rate until the test in Section 3.04(b) is satisfied.
The amount of a Highly Compensated Employee's Before-Tax Deposits in excess of the amount permitted under his or her revised Actual Deferral Ratio shall be added together.
The Deferral Ratio requires FAs to defer a portion of their Total Credits—i.e., commissions—starting with the first dollar of revenue generated each month.