Minimum Allocation. If the Employer has adopted Sponsor's paired defined contribution plan number 01001, 01004 or 01005 in addition to this Plan, then the minimum allocation required by Section 13.3 will be provided ( ) under this Plan; ( ) under such other paired defined contribution plan. If the Employer has adopted Sponsor's paired defined benefit plan number 02001, then Participants in this Plan (or another paired defined contribution plan) who are covered under the paired defined benefit plan shall receive the minimum top heavy benefit under the paired defined benefit plan and shall receive no minimum allocation. If a Participant in this Plan who is a Non-Key Employee is covered under another qualified plan maintained by the Employer, other than a paired plan of the Sponsor, the minimum top heavy allocation or benefit required under section 416 of the Code shall be provided to such Non-Key Employee under:
Minimum Allocation. (a) Except as otherwise provided in (b), (c) and (d) below, when the Plan is Top-Heavy the Employer contributions and forfeitures allocated on behalf of any Participant who is a Non-Key Employee shall not be less than the lesser of three percent (3%) of such Participant's Compensation or, if neither the Employer nor an Affiliated Employer maintains a defined benefit plan which designates this Plan to satisfy sections 401(a)(4) or 410 of the Code, the largest percentage of Employer contributions and forfeitures, as a percentage of the Key Employee's Compensation, as limited by section 401(a)(17) of the Code allocated on behalf of any Key Employee for that year. For purposes of determining whether a Plan is Top-Heavy, Elective Deferrals are considered Employer contributions. However, neither Elective Deferrals nor Matching Contributions may be taken into account for purposes of satisfying the three percent (3%) minimum Top-Heavy contributions requirements for Plan Years beginning on or after January 1, 1989. The Minimum Allocation is determined without regard to a Social Security contribution. This Minimum Allocation shall be made even though, under other Plan provisions, the Participant would not otherwise be entitled to receive an allocation, or would have received a lesser allocation for the year because of (1) the Participant's failure to complete one thousand (1,000) Hours of Service (or any equivalent provided in the Plan), (2) the Participant's failure to make mandatory employee contributions, or (3) the Participant's Compensation is less than a stated amount.
Minimum Allocation. 86 13.4 Adjustment to Defined Benefit Fraction and Defined Contribution Fraction under section 6.4. . . . . . . . . . . . . . . . 87
Minimum Allocation. 7 1.15 Integration Level .................. 2 1.16
Minimum Allocation. When the paired plans are top-heavy, the top-heavy requirements set forth in Section 3.01(E)(1) of the Plan shall apply.
Minimum Allocation. (a) In any Plan Year in which this Plan is Top-Heavy, except as otherwise provided in (d), (e) and (f) below, the Employer Contributions and forfeitures allocated on behalf of any Participant who is not a Key Employee shall not be less than the lesser of 3% of such Participant's Compensation or, in the case where the Employer has no defined benefit plan which designates this Plan to satisfy Code Section 401, the largest percentage of Employer Contributions and forfeitures stated as a percentage of the first $200,000 of a Key Employee's Compensation, allocated on behalf of any Key Employee for that Plan Year. The minimum allocation is determined without regard to any Social Security contribution by the Employer. This minimum allocation shall be made even though, under other provisions of this Plan, the Participant would not otherwise be entitled to receive an allocation, or would have received a lesser allocation for the year because (i) the Participant failed to complete the minimum number of Hours of Service specified in the Adoption Agreement for receiving an allocation, (ii) the Participant's Compensation was less than a stated amount, or (iii) the Participant made insufficient mandatory contributions to receive an Employer Contribution (allocated on a thrift matching basis) sufficient to alleviate the need a minimum allocation under this Section 21.03.
Minimum Allocation. The District shall guarantee that the minimum allocation to CSEA shall be at least enough to cover any increases in regulatory benefits on the base salaries and step increases. In no case shall the Total Available for Compensation and Benefits be less than zero.
Minimum Allocation. Notwithstanding the foregoing, and except as otherwise provided below, for any Plan Year in which this Plan is Top-Heavy, the sum of forfeitures, if any, and Employer contributions (including the Salary Deferral Contributions made pursuant to a salary deferral agreement, Employer Matching Contributions, Employer Additional Deferral Contributions and Employer Profit Sharing Contributions) allocated to each Participant who is not a Key Employee shall not be less in the aggregate than the lesser of (i) 3% of such Participant's Compensation, or (ii) the largest percentage of Compensation which such contributions and forfeitures allocated on behalf of any Key Employee for such Plan Year represent. The minimum allocation for any no n-Key Employee shall be determined without regard to any Social Security contribution. The minimum allocation for any Participant shall be made even though, under other Plan provisions, the Participant would not otherwise be entitled to receive an allocation of Employer contributions because (i) the Participant fails to complete 1,000 Hours of Service, even if such Participant is a Participant as of the last day of the Plan Year or (ii) the Participant fails to enter into a salary deferral agreement with respect to the Plan or (iii) the Participant's Compensation is less than a stated amount. To the extent Employer contributions and forfeitures allocated to any Participant are less than the required minimum allocation, the Employer shall contribute an amount to be allocated to the Employer Contributions Account of each such Participant which shall provide the required minimum contribution to each Participant who is not a Key Employee. The minimum contribution under this Plan shall be made for any Participant who is covered under any other plan or plans of the Employer, unless the Employer has specified in the Adoption Agreement that this minimum contribution requirement will be made under such other plan or plans. Notwithstanding the foregoing, the minimum allocation shall be made for any Participant to whom an allocation is to be made under the Plan pursuant to the Adoption Agreement. Neither Salary Deferral Contributions or Employer Matching Contributions shall be taken into account for the purpose of satisfying the minimum top-heavy contribution requirement described above.
Minimum Allocation. The minimum top-heavy contributions or benefit, if any, will be made under [Check one. See Section 12.3(d) and (g).]
