Tiered Match definition

Tiered Match. The Employer shall contribute and allocate to each Participant's account an amount equal to ____% of the first ____% of the Participant's Compensation, to the extent deferred. _____% of the next ____% of the Participant's Compensation, to the extent deferred. _____% of the next ____% of the Participant's Compensation, to the extent deferred.
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Tiered Match. The Employer shall contribute to each eligible Participant’s account an amount equal to: ________% of the first ________% (no more than 500%) of the Participant’s Compensation contributed, and ________% of the next ________% (no more than 400%) of the Participant’s Compensation contributed, and ________% of the next ________% (no more than 300%) of the Participant’s Compensation contributed. The Employer’s contribution will be made up to the [ ] greater of (may be no more than 500%) [ ] lesser of (may be no less than 1%) _________% of Compensation, or $__________ (no more than the Annual Addition limit for the Plan Year).
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Tiered Match. The Employer shall contribute and allocate to each Participant's account an amount equal to % of the first % of the --- --- Participant's Compensation, and % of the --- next % of the Participant's Compensation. --- NOTE: Percentages specified in (iii) above may not increase as the percentage of Participant's contribution increases.
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Examples of Tiered Match in a sentence

  • Tiered Match: The Employer shall contribute to each eligible Participant’s account an amount equal to: % of the first % of the Participant’s Compensation contributed, and % of the next % of the Participant’s Compensation contributed, and % of the next % of the Participant’s Compensation contributed.

  • Prototype Cash or Deferred Profit- Sharing Plan #004 [ ] (iii) Tiered Match: The Employer shall contribute and allocate to each Participant's account an amount equal to__% of the first__% of the Participant's Compensation, __% of the next__% of the Participant's Compensation, __% of the next__% of the Participant's Compensation.

  • The Employer Safe Harbor Matching Contribution shall be at least equal to the "Tiered Match" or "Enhanced Match" as described in Section 3.1(a)(3) of the Basic Plan.

  • Appendix A (Mobility Manager Proposed Budget); Appendix B (Tiered Match Amounts); and Appendix C (Sedgwick County Job Description) are incorporated hereto and made part hereof as if fully set forth herein.


More Definitions of Tiered Match

Tiered Match. The Employer shall contribute and allocate to each Participant's account an amount equal to __% of the first __%of the Participant's Compensation, and __% of the next __% of the Participant's Compensation.
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Tiered Match. The Employer shall contribute to each eligible Participant’s account an amount equal to: % of the first % (no more than 500%) of the Participant’s Compensation contributed, and % of the next % (no more than 400%) of the Participant’s Compensation contributed, and % of the next % (no more than 300%) of the Participant’s Compensation contributed. The Employer’s contribution will be made up to the [ ] greater of (may be no more than 500%) [ ] lesser of (may be no less than 1%) % of Compensation, or $ (no more than the Annual Addition limit for the Plan Year).
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Tiered Match. The Employer shall contribute to each eligible Participant's account an amount equal to: ________% of the first ________% of the Participant's Compensation contributed, and ________% of the next ________% of the Participant's Compensation contributed, and ________% of the next ________% of the Participant's Compensation contributed. The Employer's contribution will be made up to the [ ] greater of [ ] lesser of _________% of Compensation, or $__________. THE PERCENTAGES SPECIFIED ABOVE MAY NOT INCREASE AS THE PERCENTAGE OF PARTICIPANT'S CONTRIBUTION INCREASES.
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