Nonelective Employer Contribution definition

Nonelective Employer Contribution means any contribution made by the Employer to the Plan in accordance with Section 5.10.

Nonelective Employer Contribution has the meaning set forth in the 401(k) Excess Plan.

Nonelective Employer Contribution means an amount contributed by the Employer on behalf of a Participant.

Examples of Nonelective Employer Contribution in a sentence

• Except as otherwise expressly provided for, any Qualified Non-elective Employer Contribution shall be treated as a Pre-Tax Contribution for all purposes under the Plan.

• If you are a Participant in the Plan at any time during the year, a Safe Harbor Nonelective Contribution equal to % of your eligible Compensation for the plan year will be allocated on your behalf regardless of whether you make 401(k)Elective Contributions.⬜ 1(b) Safe Harbor Nonelective Employer Contribution to Another Plan.

• It consists of collecting used products and turns them into new products or resells them in other parts of the world.

• Nonelective Employer Contribution - 2% of each Eligible Employee's Compensation, if the Eligible Employee earns at least $ in compensation (not to exceed $5,000) during the calendar year.

• If you are a Participant in the Plan at any time during the year, a Safe Harbor Nonelective Contribution equal to % of your eligible Compensation for the plan year will be allocated on your behalf regardless of whether you make 401(k)Elective Contributions.c 1(b) Safe Harbor Nonelective Employer Contribution to Another Plan.

More Definitions of Nonelective Employer Contribution

Nonelective Employer Contribution means the same as Nonelective Employer Contribution under the Savings Plan.

Nonelective Employer Contribution means for a given Plan Year the following amounts, to the extent included in the Aggregated Plan for that Plan Year: the "Employer Discretionary Contribution" made pursuant to Section 5.02 of the ATH Retirement Plan and Trust, the Employer Discretionary Contribution made pursuant to Section 5.02 of this Plan, the “Employer Discretionary Contribution” made pursuant to Section 5.02 of

Nonelective Employer Contribution means an Employer contribution which is made to satisfy the nondiscrimination rules in Sections 5.4 and/or 5.5.

Nonelective Employer Contribution which means an amount contributed by the Employer as described in Section 3.6.

Nonelective Employer Contribution means any contribution made by the Employer to the Plan in accordance with Section 5.10. (jj) “Non-Highly Compensated Employee” means any Employee who is not a Highly Compensated Employee.(kk) “Normal Retirement Age” means the normal retirement age specified in Subsection 1.14(a) of the Adoption Agreement. If the Employer enforces a mandatory retirement age in accordance with Federal law, the Normal Retirement Age is the lesser of that mandatory age or the age specified in Subsection 1.14(a) of the Adoption Agreement.(ll) “Participant” means any individual who is either an Active Participant or an Inactive Participant.(mm) “Permissible Investment” means each investment specified by the Employer as available for investment of assets of the Trust and agreed to by the Trustee and the Volume Submitter Sponsor. The Permissible Investments under the Plan shall be listed in the Service Agreement.(nn) “Plan” means the plan established by the Employer in the form of the volume submitter plan, as set forth herein as a new plan or as an amendment to an existing plan, by executing the Adoption Agreement, together with any and all amendments hereto.(oo) “Plan Year” means the 12-consecutive-month period ending on the date designated in Subsection 1.01(d) of the Adoption Agreement, except that the initial Plan Year of a new Plan may consist of fewer than 12 months, calculated from the Effective Date listed in Subsection 1.01(g)(1) of the Adoption Agreement through the end of such initial Plan Year, in which event Compensation for such initial Plan Year shall be treated as provided in Subsection 2.01(k). Additionally, in the event the Plan has a short Plan year, i.e., a Plan Year consisting of fewer than 12 months, otherwise applicable limits and requirements that are applied on a Plan Year basis shall be prorated, but only if and to the extent required by law.(pp) “Qualified Matching Employer Contribution” means any contribution made by the Employer to the Plan on account of Deferral Contributions or Employee Contributions made by or on behalf of Active Participants in accordance with Section 5.09, that may be included in determining whether the Plan meets the “ADP” test described in Section 6.03.(qq) “Qualified Nonelective Employer Contribution” means any contribution made by the Employer to the Plan on behalf of Non-Highly Compensated Employees in accordance with Section 5.07, that may be included in determining whether the Plan meets the “ADP” test described in Sectio...

Nonelective Employer Contribution means the Employer Contribution made pursuant to Section 5.01 of the ATH Profit Sharing Plan and Trust,

Nonelective Employer Contribution means, with respect to a Participant, the contribution made by the Employer on behalf of a Participant pursuant to Section 3.6 (Nonelective Employer Contributions).