5. Definition of plan year

Statement of Requirement: 29 U.S.C. § 1002(39); Reg. §1.415(j)-1; Rev. Rul. 89-13, 1989-1 C.B. 112

Sample Plan Language:

Plan year means the calendar year unless a different plan year is designated by the employer in the adoption agreement.

Sample Adoption Agreement Language:

Plan year will mean:

( ) the 12-consecutive month period which coincides with the limitation year.

( ) the 12-consecutive month period ending on _____ and each anniversary

12 | D e f i n e d C o n t r i b u t i o n P l a n L R M P a c k a g e 0 1 / 2 0 2 4

thereof.