Examples of Successor Plan in a sentence
For the first Plan Year the Plan permits Matching Contributions or Employee Contributions, if the Plan is not a Successor Plan and is using Prior Year Testing, the prior year ACP for the NHCE Group is equal to the greater of 3% or the actual ACP for the NHCE Group in the first Plan Year.
Name Address CityStateZIP Code Telephone NumberEmail Address The Plan Administrator serves as the main contact for the Plan and the designated agent for service of legal process for the Plan.Name of Successor Plan Administrator: Name Address CityStateZIP Code Telephone NumberEmail Address [Note: The failure to name a successor Plan Administrator may result in the delay of Plan distributions, if the Plan Administrator is unable to fulfill its duties.] Plan Information continues on next page.
An Employer (including a new Employer) may establish a new Safe Harbor 403(b) Plan which is not a Successor Plan, provided: (a) the Plan Year is at least 3 months long; (b) the Plan Administrator provides the safe harbor notice described in Section 3.05(H) within a reasonable time prior to and not later than the Effective Date of the Plan; and (c) the Plan commencing on the Effective Date of the Plan satisfies all of the safe harbor requirements of this Section 3.05.
The following brief description of the Fifth Third Bancorp Frozen Successor Plan (the “Plan”) is provided for general information purposes only.
Successor Plan means any pension or other benefit plan established or maintained pursuant to Clause H.41, PENSION PLAN, paragraph (f) and covering Contractor employees performing work on this Contract.