Example ContractsClausesaverage contribution percentage limitationVariants
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Excess Aggregate Contributions shall mean, with respect to any plan year, the excess of: # The aggregate contribution percentage amounts taken into account in computing the numerator of the contribution percentage actually made on behalf of highly compensated employees for such plan year, over # The maximum contribution percentage amounts permitted by the ACP test (determined by hypothetically reducing contributions made on behalf of highly compensated employees in order of their contribution percentages beginning with the highest of such percentages).

Excess Aggregate Contributions shall mean, with respect to any plan year, the excess of: # The aggregate contribution percentage amountsamount of employer contributions actually taken into account in computing the numerator of the contribution percentage actually made on behalfADP of highly compensated employees for such plan year, over # The maximum contribution percentage amountsamount of such contributions permitted by the ACPADP test (determined by hypothetically reducing contributions made on behalf of highly compensated employees in order of their contribution percentagesthe ADPs, beginning with the highest of such percentages).

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