PLAN COMPENSATION. Plan Compensation is Total Compensation (as defined in AA §5-1 above) with the following exclusions: Commented [JG13]: Added as clarification of default for Total Compensation. Deferral Match ER (a) No exclusions. N/A (b) Elective Deferrals (as defined in Section 1.47 of the Plan), pre-tax contributions to a cafeteria plan or a Code §457 plan, and qualified transportation fringes under Code §132(f)(4) are excluded.
PLAN COMPENSATION. Plan Compensation is Total Compensation (as defined in AA §5-1 above) with the following exclusions described below.
PLAN COMPENSATION. Plan Compensation is Total Compensation (as defined in AA §5-1 above) with the following exclusions described below. Deferral Match ER 🗹 🞎 🗹 (a) No exclusions. N/A 🞎 🞎 (b) Elective Deferrals (as defined in Section 1.44 of the Plan), pre-tax contributions to a Code §125 cafeteria plan or a Code §457 plan, and qualified transportation fringes under Code §132(f)(4) are excluded. 🞎 🞎 🞎 (c) All fringe benefits (cash and noncash), reimbursements or other expense allowances, moving expenses, deferred compensation, and welfare benefits are excluded. 🞎 🞎 🞎 (d) Compensation above $ is excluded. 🞎 🞎 🞎 (e) Amounts received as a bonus are excluded. 🞎 🞎 🞎 (f) Xxxxxxx received as commissions are excluded. 🞎 🞎 🞎 (g) Overtime payments are excluded. 🞎 🞎 🞎 (h) Amounts received for services performed for a non-signatory Related Employer are excluded. (See Section 2.02(c) of the Plan.) 🞎 🞎 🞎 (i) “Deemed §125 compensation” as defined in Section 1.137(d) of the Plan. �� 🞎 🞎 (j) Amounts received after termination of employment are excluded. (See Section 1.137(b) of the Plan.) 🞎 🞎 🞎 (k) Differential Pay (as defined in Section 1.137(e) of the Plan). �� 🞎 🞎 (l) Describe adjustments to Plan Compensation: [Note: Any adjustments to Plan Compensation under this AA §5-3 must be definitely determinable.]
PLAN COMPENSATION. Plan Compensation shall be Compensation as selected in the Adoption Agreement. If selected in the Adoption Agreement, a Participant’s Plan Compensation shall, for the Plan Year that includes the Participant’s Entry Date, only include Compensation actually paid on and after the Participant’s Entry Date. Unless selected otherwise in the Adoption Agreement, Plan Compensation shall be Form W-2 Compensation for the full Plan Year.
PLAN COMPENSATION. (select all that apply): NOTE: Elective Deferrals includes Pre-Tax Deferrals, Xxxx Deferrals and Employee Contributions, Matching includes all Matching Contributions and Nonelective includes all Nonelective Contributions. For all Plans other than 401(k) plans, only use column 1. or column 4. in the table below.
PLAN COMPENSATION. Plan Compensation is Total Compensation (as defined in AA §5-1 above) with the following exclusions described below. Deferral Match ER □ □ □ (a) No exclusions. N/A □ □ (b) Elective Deferrals (as defined in Section 1.44 of the Plan), pre-tax contributions to a cafeteria plan or a Code §457 plan, and qualified transportation fringes under Code §132(f)(4) are excluded. □ □ □ (c) All fringe benefits, expense reimbursements, deferred compensation, and welfare benefits are excluded. □ □ □ (d) Compensation above $ is excluded. (See Section 1.90 of the Plan.) □ □ □ (e) Amounts received as a bonus are excluded. □ □ □ (f) Amounts received as commissions are excluded. □ □ □ (g) Overtime payments are excluded. □ □ □ (h) Amounts received for services performed for a non-signatory Related Employer are excluded. □ □ □ (i) “Deemed §125 compensation” as defined in Section 1.126 of the Plan. □ □ □ (j) Amounts received after termination of employment are excluded (see Section 1.126 of the Plan). □ □ □ (k) Describe adjustments to Plan Compensation: [Note: Any exclusions selected under subsections (e) – (k) (other than subsection (i)) may cause the definition of Plan Compensation to fail to satisfy a safe harbor definition of compensation under Code §414(s). To ensure that the definition of Plan Compensation satisfies Code §414(s) for purposes of determining allocations under the permitted disparity allocation formula under AA §6-3(b) and the Safe Harbor 401(k) provisions under AA §6C, any adjustments under (e) through (k) (other than subsection (i)) will only apply to Highly Compensated Employees for purposes of applying the permitted disparity and Safe Harbor 401(k) provisions. In addition, unless designated otherwise under (k), any selection(s) in the Deferral column also apply to Xxxx Deferrals, After-Tax Contributions, and Safe Harbor Contributions; any selection(s) in the Match column also apply to QMACs; and any selection(s) in the ER column also apply to QNECs. Any modification under subsection (k) must be definitely determinable and preclude Employer discretion.]
PLAN COMPENSATION. [NOTE: Plan Compensation will be used for nondiscrimination testing unless the Plan Administrator expressly directs that a different definition of compensation be used for such testing for a particular Plan Year. Testing compensation may be used to determine an Employer Qualified Profit Sharing Contribution if so elected in K.5. notwithstanding the elections in this Item E.]
PLAN COMPENSATION. Plan Compensation is Total Compensation, as modified under AA §5-3, which is actually paid to an Employee during the determination period (as defined in subsection (a) below). In determining Plan Compensation, the Employer may elect under AA §5-3 to exclude all Salary Deferrals, pre-tax contributions to a cafeteria plan or a Code §457 plan, and qualified transportation fringes under Code§132(f)(4). In addition, the Employer may elect under AA §5-3 to exclude other designated elements of compensation. Plan Compensation generally includes amounts an Employee earns with a Participating Employer and amounts earned with a Related Employer (even if the Related Employer has not executed a Participating Employer Adoption Page under the Adoption Agreement). However, the Employer may elect under AA §5-3(m) to exclude all amounts earned with a Related Employer that has not executed a Participating Employer Adoption Page.
PLAN COMPENSATION. (Plan Section 2.09; check one). Except as indicated below, for all purposes, the Employee's Plan Compensation shall be the wages paid to the Employee by you, as reported to the Puerto Rico Department of the Treasury on Form 499-R-2/W-2 PR. For any Self-Employed Individual covered under the Plan, if applicable, compensation shall mean Earned Income. However, compensation shall not include any amount paid by reason of services performed (a) after the date an employee ceases to be a participant and (b) prior to the date an employee becomes a participant. Compensation shall not include any amounts contributed by an Employer, for or on account of its employees, under this Plan or under any other employee benefit plan. Plan Compensation shall not include the following (check as many as desired):
PLAN COMPENSATION. (select all that apply): NOTE: Elective Deferrals include Xxxx Elective Deferrals, Matching includes QMACs, and Nonelective includes QNECs unless specified otherwise. ADP safe harbor matching contributions are subject to the provisions for Employer matching contributions. For all Plans other than 401(k) plans, do not make any selections at 1. – 4. in the table below. Nonelective ADP Elective Profit Safe Harbor Deferrals Matching Sharing Nonelective
