Safe Harbor Matching Contributions definition
Examples of Safe Harbor Matching Contributions in a sentence
The Employer may make Matching Contributions in addition to any Safe Harbor Matching Contributions elected below.
The Employer maintaining a 401(k) Plan may elect in the Adoption Agreement to make additional Matching Contributions in addition to the Safe Harbor Matching Contributions made to the Plan.
The Employer will annualize the Safe Harbor Matching Contributions.
Matching includes all Matching Contributions except Safe Harbor Matching Contributions.
A Participant shall always have a 100% vested and nonforfeitable interest in any Qualified Matching Contributions, Qualified Non-Elective Contributions, Safe Harbor Matching Contributions, and Safe Harbor Non-Elective Contributions made by the Employer, plus the earnings thereon.
The Employer elects to match Safe Harbor Matching Contributions on an annual basis.
A Participant shall always have a 100% vested and nonforfeitable interest in his or her Elective Deferrals, Voluntary After-tax Contributions, Qualified Voluntary Contributions, Required After-tax Contributions, Qualified Non-Elective Contributions, Safe Harbor Matching Contributions, Safe Harbor Non-Elective Contributions, SIMPLE 401(k), Qualified Matching Contributions, Rollover and Transfer Contributions plus the earnings thereon.
The Employer elects to true up Safe Harbor Matching Contributions made to the Plan on the above basis.
If the Employer elects to compute its Safe Harbor Matching Contribution based on a time period which is less than the Plan Year, the Employer must contribute the Safe Harbor Matching Contributions to the Plan no later than the end of the Plan Year quarter which follows the quarter in which the Elective Deferral that gave rise to the Safe Harbor Matching Contribution was made.
Safe Harbor includes Safe Harbor Nonelective and Safe Harbor Matching Contributions.