||A defined contribution plan that allows employer discretionary contributions. These plans often contain a 401(k) feature.
||ERISA section 404(c) Plan
||This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
||Partial participant-directed account plan
||Participants have the opportunity to direct the investment of a portion of the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
||A stock bonus plan is a type of profit-sharing by which a corporation uses its own stock to make contributions and distributions.
||Code section 401(k) feature
||A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
||Code section 401(m) arrangement
||Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contributions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
||ESOP other than a leveraged ESOP
||An Employee Stock Ownership Plan (ESOP) is a type of employee benefit plan designed to invest primarily in employer stock.
||Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
||Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
||Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).