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

• The Plan shall not provide for a direct rollover (including an automatic rollover) for distributions from a Participant's Xxxx Elective Deferral account if the amount of the distributions that are eligible rollover distributions are reasonably expected to total less than $200 during a year.

• Unless the Employer is a Church, an Employee (other than an Excluded Employee) generally becomes a Participant in the Elective Deferral portion of the Plan as soon as administratively feasible on or after the Employee's first day of employment with the Employer, as more fully described in Section 2.01(A).

• Furthermore, the Plan will treat a Participant's Xxxx Elective Deferral account and the Participant's other accounts as held under two separate plans for purposes of applying the automatic rollover rules.

• All Participants, except those who have in effect a Salary Reduction Agreement on the Automatic Deferral Effective Date provided that the Elective Deferral amount under the Agreement is at least equal to the Automatic Deferral Percentage.

• Elective Deferral" means a contribution the Employer makes to the Plan pursuant to a Participant's Salary Reduction Agreement, as described in Section 3.02.

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 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 amounts subject to the Contribution Dollar Limit.

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 the portion of Compensation that is deferred by a Participant under Section 4.1.