FCMM Retirement Plan definition
Examples of FCMM Retirement Plan in a sentence
The FCMM Retirement Plan is an employer plan that receives contributions to participant accounts submitted by employers only.
The individual terms and conditions of this Adoption Agreement are incorporated by reference into the FCMM Retirement Plan and together are intended to satisfy the plan documentation requirements of section 403(b)(9) of the Internal Revenue Code and the Treasury regulations thereunder for this qualified employer.
The FCMM Retirement Plan has established the default eligibility for participation (via voluntary employee salary contributions) as “20 hours per week, or 1000 hours per year, immediately upon employment”.
At a minimum, this default eligibility permits an employee scheduled to work 20 hours or more per week OR 1000 or more per year to enroll and participate in the FCMM Retirement Plan by contributing voluntary Salary Deferral Contributions on a Pre-tax and/or ▇▇▇▇ basis.
CHURCH/EMPLOYER OFFICIAL The completed form may be mailed to FCMM Retirement Plan, ▇▇▇ ▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇; emailed to ▇▇▇▇@▇▇▇▇.▇▇▇; or faxed to (▇▇▇)▇▇▇-▇▇▇▇.
Terms Unique to this Adopting Employer (applies to all Employer Contribution Classes): _ _ _ _ _ _ _ _ _ _ _ _ Salary Deferral Only Class: Per the FCMM Retirement Plan Document, FCMM has an established eligibility criteria for an employee’s participation in the Plan.