Examples of Integration Level in a sentence

The percentage of Compensation contributed under the Plan (but in no event less than 3%) with respect to that portion of each Participant's Compensation not in excess of the Integration Level.
The Employer Contribution allocable to Compensation in excess of the Integration Level (IL) may not exceed 5.4% if the IL is more than 80% but less than 100% of the Taxable Wage Base (TWB) under section 230 of the Social Security Act in effect as of the first day of the Plan Year, and may not exceed 4.3% if the IL is greater than 20% of the TWB, but not more than 80% of the TWB, and greater than $10,000.
The discretionary Employer Contribution under AA §6-2 will be allocated under the two-step method (as defined in Section 3.02(a)(1)(ii)(A) of the Plan), using the Taxable Wage Base (as defined in Section 1.132 of the Plan) as the Integration Level.
The discretionary Employer Contribution under AA §6-2(a) will be allocated under the two-step permitted disparity formula (as defined in Section 3.02(a)(1)(ii)(A) of the Plan), using the Taxable Wage Base (as defined in Section 1.122 of the Plan) as the Integration Level.
To the extent that such contributions are sufficient they shall be allocated first, as a designated percentage of each eligible Participant's Compensation, plus a designated percentage of Compensation in excess of the Integration Level (as defined in the Adoption Agreement).

More Definitions of Integration Level

Integration Level means the Taxable Wage Base or such lesser amount elected by the Employer in the Adoption Agreement.

Integration Level means the Taxable Wage Base or such lesser amount elected by the Employer in the Adoption Agreement. 1.16 "Net Profits" shall mean the current and accumulated earnings of the Employer before Federal and State taxes and contributions to this and any other qualified plan. 1.17 "Non-Highly Compensated Employee" shall mean an Employee of the Employer who is neither a Highly Compensated Employee nor a Family Member. 1.18 "Participant" shall mean an Eligible Employee participating in the Plan in accordance with Section 2.1. 1.19 "Plan" shall mean this Prototype Simplified Employee Pension and the Adoption Agreement of the Adopting Employer, as from time to time amended. 1.20 "Plan Year" shall mean the calendar year, unless the Employer's fiscal year is specified as the Plan Year in the Adoption Agreement. 1.21 "SEP" shall mean a Simplified Employee Pension within the meaning of section 408(k) of the Code. 1.22 "Sponsor" shall mean The Dreyfus Corporation. 1.23 "Taxable Wage Base" shall mean the contribution and benefit base in effect under Section 230 of the Social Security Act at the beginning of the Plan Year.

Integration Level. [x] 1. Not applicable. Either the Plan's allocation formula is not integrated with Social Security or there are no Non-Elective Employer Contributions being made to the Plan [Plan defaults to this election].

Integration Level means the amount of Compensation specified in the Adoption Agreement at or below which the rate of contributions or benefits (expressed as a percentage of such Compensation) provided under the Plan is less than the rate of contributions or benefits (expressed as a percentage of such Compensation) provided under the Plan with respect to Compensation above such amount. The Integration Level for any Plan Year shall not exceed the Taxable Wage Base in effect at the beginning of such Plan Year.

Integration Level means the amount of Compensation specified in the Plan at or below which the rate of contributions (expressed as a percentage of such Compensation) provided under the Plan is less than the rate of contributions (expressed as a percentage of Compensation) provided under the Plan with respect to Compensation above such level. The "Integration Level" for any Plan Year may in no event exceed the Taxable Wage Base as in effect on the first day of such Plan Year.