Excess Contributions definition

Excess Contributions means, with respect to any Plan Year, the excess of:

Excess Contributions means, with respect to a Plan Year, the excess of Elective Contributions used to satisfy the "Actual Deferral Percentage" tests made on behalf of Highly Compensated Participants for the Plan Year over the maximum amount of such contributions permitted under Section 4.5(a) (determined by hypothetically reducing contributions made on behalf of Highly Compensated Participants in order of the actual deferral ratios beginning with the highest of such ratios). Excess Contributions shall be treated as an "annual addition" pursuant to Section 4.9(b).

Excess Contributions means, with respect to a Plan Year, the excess of Elective Contributions made on behalf of Highly Compensated Participants for the Plan Year over the maximum amount of such contributions permitted under Section 4.5(a). Excess Contributions shall be treated as an "annual addition" pursuant to Section 4.9(b).

Examples of Excess Contributions in a sentence

Such distributions shall be made to Highly Compensated Employees on the basis of the respective portions of the Excess Contributions attributable to each of such Employees.
AGI limits are subject to cost-of-living adjustments each year.D. Excess Contributions – An excess contribution is any amount that is contributed to your Roth IRA that exceeds the amount that you are eligible to contribute.
Excess Contributions shall be adjusted for any income or loss up to the date of distribution.
This process shall continue until the total amount of Excess Contributions has been distributed.
For purposes of the preceding sentence, the “largest amount” is determined after distribution of any Excess Contributions.

Excess Contributions means, with respect to any Plan Year, the excess of

Excess Contributions means, with respect to any Plan Year, the excess of (a) The aggregate amount of Employer contributions actually taken into account in computing the ADP of Highly Compensated Employees for such Plan Year, over (b) The maximum amount of such contributions permitted by the ADP test (determined by reducing contributions made on behalf of Highly Compensated Employees in order of the ADPs, beginning with the highest of such percentages).

Excess Contributions means, with respect to any Plan Year, the excess of the aggregate amount of Pre-Tax Savings, including Qualified Matching Contributions treated as Elective Deferrals under paragraph 7 of this Appendix, actually made to the Plan on behalf of Highly Compensated Employees for the Plan Year over the maximum amount of such contributions permitted under paragraph 5 of this Appendix.

Excess Contributions means those Contributions made on behalf of a Participant which exceed the limitations in effect under applicable provisions of the Code and Regulations issued thereunder.

Excess Contributions means the amount by which the Aggregate 401(k) Contributions of Highly Compensated Employees are reduced pursuant to Section 4.9.

Excess Contributions means, with respect to a Plan Year, the excess of Elective Contributions and Qualified Non-Elective Contributions made on behalf of Highly Compensated Participants for the Plan Year over the maximum amount of such contributions permitted under Section 11.4(a).

Excess Contributions means contributions paid by a Policy Holder for a membership which relate to a day or days after the end date of the membership.