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THE PROFIT SHARING AND 401K ADVOCATESHARING THE COMMITMENT SINCE 1947
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Glossary of 401(k) and Related Terms

401(k) Plan
403(b) Plan
Actual Deferral Percentage (ADP)
Allocation
Alternate Payee
Annual Audit
Annual Report
Annuity
Automatic Deferral Default Percentage
Automatic Enrollment
Beneficiary
Cafeteria Plan
Cash-Out
Cash or Deferred Arrangement (CODA)
Cash or Deferred Election
Cash Profit Sharing Plan
Common Control
Conversion
Deferred Profit Sharing Plan
Defined Benefit Plan
Defined Contribution Plan
Department of Labor (DOL)
Determination Letter
Discrimination Testing
Disclosure
Distribution
Early Withdrawal Penalty
Eligibility
Eligible Employees
Employee Benefit Security Administration (EBSA)
ERISA
ERISA Rights Statement
ESOP (Employee Stock Ownership Plan)
Excess Aggregate Contributions
Excess Benefit Plan
Excess Contributions
Expense Ratio
Fact and Circumstances Test
Fidelity Bond
Fiduciary
Fiduciary Insurance
Forfeiture
Form 1099R
Form 5500
Guaranteed Investment Contracts (GICs)
Hardship or In-Service Distribution
Highly Compensated Employees (HCEs)
Individual Retirement Account (IRA)
Internal Revenue Service (IRS)
Keogh Plan
KSOP
Leased Employee
Lump-Sum Distribution
Matching Contributions
Material Modification
Median Market Cap
Money Market Fund
Money-Purchase Plan
Multiemployer Plan
Mutual Fund
Named Fiduciary
Nonelection Contribution
Non-Highly Compensated Employees (NHCEs)
Non-Qualified Deferred Compensation Plan
Participant Directed Accounts
Party-In-Interest
Pension Benefit Guaranty Corporation (PBGC)
Plan Administration
Plan Loan
Plan Sponsor
Plan Year
Portability
Price / Block Ratio
Price / Earnings Ratio
Prohibited Transaction
Profit Sharing Plan
Qualified Domestic Relations Order (QDRO)
Qualified Joint and Survivor Annuity (QJSA)
Qualified Plan
Rollover
Roth 401(k)
Safe Harbor Rules
Savings Incentive Match Plan for Employees
Schedule SSA
Service Provider
SIMPLE Plan (Savings Incentive Match Plan for Employees)
Simplified Employee-Pension Plan (SEP)
Stock Bonus Plan
Summary Annual Report
Summary of Material Modifications
Summary Plan Description (SPD)
Target-Benefit Plan
Tax Sheltered Annuity (TSA)
Top Heavy Plan
Trustee
Turnover Rate (of a mutual fund)
Vesting
Vesting Schedule

Take Control with Your 401(k)

"It was the consensus of our committee members that Take Control with Your 401(k) has a very cleary written section on every important 401(k) topic... so we bought a copy for everyone!"

Dennis Buster, Everett Charles Technologies, Inc.

David Wray's book, Take Control with Your 401(k) has been revised to reflect the changes that have occurred since the book was originally published in 2002.

Profit Sharing / 401k Council of America
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Tel: (312) 419-1863 • Fax: (312) 419-1864 • psca@psca.org

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