Supplemental Credit

Supplemental Credit. Means, with respect to any Participant for any plan year of the Savings and Profit-Sharing Plan, an amount equal to the excess of (i) over (ii), where (i) is the portion of the employer contributions to the Savings and Profit-Sharing Plan for such year which, after expenses, if any, would have been allocated to the Participant's account under the Savings and ... Profit-Sharing Plan if such allocation had been made without regard to the limitations of sections 401(a)(17) and 415(c)(1)(A) of the Code and the corresponding provisions of the Savings and Profit-Sharing Plan; and (ii) is the amount of the employer contributions to the Savings and Profit-Sharing Plan for such year which is actually allocated to the Participant's account thereunder. No Supplemental Credits shall be made or credited under this Excess Benefit Plan with respect to plan years of the Savings and Profit-Sharing Plan ended prior to December 31,1989. View More