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 an elective deferral under § 1.402(g)–1 (with respect to an employer contribution to a sec- tion 403(b) contract) and any other amount that constitutes an elective de- ferral under section 402(g)(3).

Examples of Elective Deferral in a sentence

  • Notwithstanding the foregoing, in the event a Participant experiences an Unforeseeable Emergency, or receives a hardship distribution under Treasury Regulation § 1.401(k)-1(d)(3) the Participant may apply to the Committee to cancel all currently effective Elective Deferral elections.

  • Notwithstanding the foregoing, Elective Deferral amounts to be paid in accordance with this Section 7.1(C) shall be Termination Distributions.

  • The Plan Administrator shall establish an Elective Deferral Account for each Participant reflecting the crediting of the Elective Deferrals by the Participant together with any adjustments for income, gain or loss and any payments from such Elective Deferral Account.

  • Elective Deferral amounts paid in accordance with this Section 7.1(B) shall be In-Service Distributions.

  • For purposes of measuring the amounts credited to a Participant’s Elective Deferral Account, a Participant may select, from the deemed investment options offered under the Qualified Plan with the exception of the Company Stock Fund (under such Qualified Plan), the investments in which all or part of such Participant’s Elective Deferral Account shall be deemed to be invested.


More Definitions of Elective Deferral

Elective Deferral means the Employer contributions made to the Plan at the election of the Participant in lieu of receiving cash compensation. Elective Deferrals are limited to pre-tax salary reduction contributions, unless the Plan permits Roth 403(b) Contributions under Section 10.
Elective Deferral means amounts subject to the Contribution Dollar Limit.
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 an employer contribu-
Elective Deferral means Pre-Tax Contributions and Roth Contributions.
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).