New Comparability

PLAN SIZE:

Business interested in rewarding certain categories of employees based on age, tenure and other reasonable business criteria.

ELIGIBILITY:

Must include employees who are at least 21 years old, have completed 2 years of service (at least 1,000 hours each year).

Employer may set less restrictive eligibility standards.

May exclude certain Union employees, nonresident aliens, nondiscriminatory classes of employees.

FUNDING:

Employer-funded only.

Contributions are discretionary.

VESTING:

Vesting schedule available.


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