Elective Deferral definition
Elective Deferral means the portion of Compensation which is deferred by a Participant under Section 4.1.
Elective Deferral means a contribution to the Plan made by a Participant pursuant to a Deferral Election Agreement that the Participant enters into with the Company. Elective Deferrals shall be made according to the terms of the Plan set forth in Section 4.1.1.
Elective Deferral means amounts subject to the Contribution Dollar Limit.
Examples of Elective Deferral in a sentence
On an annual basis the Elective Deferral limit under the Plan shall be increased up to a maximum amount determined by the Employer.
Employees and Participants shall have the right to amend the stated automatic Elective Deferral percentage or receive cash in lieu of deferral into the Plan.
All Participants, except those who have in effect a Salary Reduction Agreement on the Automatic Deferral Effective Date regardless of the Elective Deferral amount under the Agreement.
A Participant's Elective Deferral percentage is equal to the Participant's Elective Deferrals divided by his/her Compensation.
The allocation thereof shall be unrelated to any Participant Elective Deferral contributions made hereunder.
More Definitions of Elective Deferral
Elective Deferral means any Employer contributions made to the Plan at the election of the Participant in lieu of cash Compensation pursuant to Section 4.2. With respect to any taxable year, a Participant’s Elective Deferrals is the sum of all employer contributions made on behalf of such Participant pursuant to an election to defer under any qualified cash or deferred arrangement (“CODA”) described in Code Section 401(k), any salary reduction simplified employee pension described in Code Section 408(k)(6), any SIMPLE IRA plan described in Code Section 408(p) and any plan described under Code Section 501(c)(18), and any employer contributions made on the behalf of a Participant for the purchase of an annuity contract under Code Section 403(b) pursuant to a salary reduction agreement. Elective Deferrals shall not include any deferrals properly distributed as excess Annual Additions pursuant to Section 4.10(a).
Elective Deferral means Pre-Tax Contributions and Roth Contributions.
Elective Deferral means an employer contribu-
Elective Deferral means Compensation a Participant elects to defer into the Participant’s Account under the Plan.
Elective Deferral means the amount of Compensation a Participant elects to defer pursuant to Article III of the Plan.
Elective Deferral means, with respect to any calendar year, each elective deferral as defined in Code Section 402(g).
Elective Deferral means the Employer contributions made to the Plan at the election of the Participant in lieu of receiving cash Compensation. Elective Deferrals include Pre-Tax Elective Deferrals and Roth Elective Deferrals, except where specifically stated otherwise.