Employer Contributions Account definition

Employer Contributions Account. The Account established for a Participant pursuant to Section 3.8.2.

Employer Contributions Account means the Account maintained on behalf of a Participant to represent the amount of Employer Contributions credited on his or her behalf, as adjusted to account for deemed gains and losses, withdrawals and distributions.

Employer Contributions Account means the accounts established and maintained by the Administrator for each Participant with respect to his total vested and nonvested interests (including any earnings and losses attributable thereon) under the Plan resulting from Employer Nonelective Contributions and/or Employer Matching Contributions.

Examples of Employer Contributions Account in a sentence

• Subject to any restoration allocation required under Section 5.04, the Advisory Committee will allocate and credit each annual nonelective contribution (and Participant forfeitures treated as nonelective contributions) to the Employer Contributions Account of each Participant who satisfies the conditions of Section 3.06, in accordance with the allocation method selected under this Section 3.04.

• To make allocations under the Plan, the Advisory Committee must establish a Deferral Contributions Account, a Qualified Matching Contributions Account, a Regular Matching Contributions Account, a Qualified Nonelective Contributions Account and an Employer Contributions Account for each Participant.

• Employer Contributions for a Plan Year will be allocated no later than the last day of the Plan Year to the Employer Contributions Account of Participants eligible for an allocation in the manner specified in the Adoption Agreement.

• An Employer Contributions Account shall be established for each Participant to which the Administrator shall credit or cause to be credited Employer contributions pursuant to Section 3.1, and forfeitures attributable to such contributions, if any, plus earnings or losses thereon.

• The amount contributed with respect to the targeted benefit of each Participant eligible for an allocation for that Plan Year will be allocated as of the last day of the Plan Year to the Participant's Employer Contributions Account in the manner specified in the Adoption Agreement.

More Definitions of Employer Contributions Account

Employer Contributions Account means the account established and maintained by the Administrator for each Participant with respect to his total vested interest (including any earnings and losses attributable thereon) under the Plan resulting from Employer Discretionary Contributions and/or Employer Matching Contributions.

Employer Contributions Account means the account maintained by the Plan Administrator in the name of a Participant to record his interest in the Trust Fund represented by his share of Employer Contributions (other than Salary Deferral Contributions, Negative Election Contributions, Qualified Matching Contributions, Qualified Nonelective Contributions and all Safe Harbor Matching Contributions) and Forfeitures, and the increase or decrease in the net worth of the Trust Fund allocable thereto. The Employer Contributions Account shall be divided into the Profit Sharing Contributions Account and Matching Contributions Account if necessary to accommodate different vesting schedules under Schedule 17 of the Adoption Agreement.

Employer Contributions Account means the account established for each Participant under this Plan pursuant to Section 4.01.

Employer Contributions Account means the account described in Section 4.3 of the Plan.

Employer Contributions Account means the Account recording Employer Contributions for a Participant, as provided in Section 7.1(a)(ii).

Employer Contributions Account means the portion of the Member’s Account derived from Participating Company Contributions under

Employer Contributions Account means an account established pursuant to section 6.2 with respect to contributions made as Employer Discretionary Contributions pursuant to section 5.4. A Participant’s Employer Contributions Account shall include amounts previously credited