Calculation of ACP. For the purposes of this Section and [[Section 12.7, ACP]P]] for a specific group of Participants for a Plan Year means the average of the "contribution percentages" (calculated separately for each Participant in such group). For this purpose, "contribution percentage" means the ratio (expressed as a percentage) of the Participant's "contribution percentage amounts" to the Participant's 414(s) Compensation. The actual contribution ratio for each Participant and the ACP for each group, shall be calculated to the nearest one-hundredth of one percent of the Participant's 414(s) Compensation.
Actual Contribution Percentage (ACP) shall mean, for a specificspecified group of Participantsparticipants (either highly compensated employees or nonhighly compensated employees) for a Plan Year meansplan year, the average of the "contribution percentages" (calculated separately for each Participant in such group). For this purpose, "contribution percentage" means the ratio (expressed as a percentage)contribution percentages of the Participant's "contribution percentage amounts" toeligible participants in the Participant's 414(s) Compensation. The actual contribution ratio for each Participant and the ACP for each group, shall be calculated to the nearest one-hundredth of one percent of the Participant's 414(s) Compensation.group.
For the purposes of this Section and [[Section 12.7, ACP]P]] for a specific group of Participants[Section 3.7], the “actual contribution percentage” or “ACP” for a Plan Year meansshall be the average of the "contribution percentages" (calculatedratios, calculated separately for each ParticipantEligible Employee in such group). For this purpose, "contribution percentage" means the ratio (expressed as a percentage)each group, of the Participant's "contribution percentage amounts"amount of matching contributions to the Participant's 414(s) Compensation. The actual contribution ratioMatching Contribution Account on behalf of each Eligible Employee for each Participant and the ACP for each group, shall be calculatedsuch Plan Year to the nearest one-hundredth of one percent of the Participant'Eligible Employee’s 414(s) Compensation.[Section 415] compensation (as defined in [Section 3.8]) for such Plan Year.
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