Examples of Permissive Aggregation Group in a sentence
No plan in the Permissive Aggregation Group will be considered a Top Heavy Plan if the Permissive Aggregation Group is not a Top Heavy Group.
In the case of a Permissive Aggregation Group, only a plan that is part of the Required Aggregation Group will be considered a Top Heavy Plan if the Permissive Aggregation Group is a Top Heavy Group.
If, but for this subparagraph, a plan would otherwise be a Top-heavy plan because it is a member of a Permissive Aggregation Group or a Required Aggregation Group which is a Top-heavy group, contributions under the plan may be taken into account in determining whether any other plan in the group meets the requirements of Section 14.3 of the Plan.
If the Plan, and any Required Aggregation Group of which it is a part, is part of a Permissive Aggregation Group and the Top-heavy Ratio for the Permissive Aggregation Group exceeds sixty percent (60%).
Notwithstanding the results of the 60% Test, the Plan is not considered a Top-Heavy Plan for any Plan Year in which the Plan is a part of a Required or Permissive Aggregation Group which is not Top-Heavy.