Comcast 2012 Annual Report Download - page 235

13.2.4. “ Key Employee Ratio ” means, for any Determination Date, the ratio of the amount described in Section 13.2.4(a) to
the amount described in Section 13.2.4(b), after deducting from each such amount any portion thereof described in Section 13.2.4(c), where:
(a) the amount described in this Paragraph is the sum of:
(1) the present value of all accrued benefits of Key Employees under all qualified defined benefit plans included in
the Aggregation Group;
(2) the balances in all of the accounts of Key Employees under all qualified defined contribution plans included in
the Aggregation Group; and
(3) the amounts distributed from all plans in such Aggregation Group to or on behalf of any Key Employee during
the 1-year period (5-year period for distributions made for a reason other than incurring a Severance from Service Date, death or Total Disability)
ending on the Determination Date, except any benefit paid on account of death to the extent it exceeds the accrued benefits or account balances
immediately prior to death;
(b) the amount described in this Paragraph is the sum of:
(1) the present value of all accrued benefits of all participants under all qualified defined benefit plans included in
the Aggregation Group;
(2) the balances in all of the accounts of all participants under all qualified defined contribution plans included in
the Aggregation Group; and
(3) the amounts distributed from all plans in such Aggregation Group to or on behalf of any participant during the
1-year period (5-year period for distributions made for a reason other than incurring a Severance from Service Date, death or Total Disability)
ending on the Determination Date; and
(c) the amount described in this Paragraph is the sum of:
(1) all rollover contributions (or fund to fund transfers) to the Plan by an Employee after December 31, 1983 from a
plan sponsored by an employer which is not a Participating Company or an Affiliated Company;
(2) any amount that is included in Sections 13.2.4(a) or 13.2.4(b) for a person who is a Non-Key Employee as to
the Plan Year of reference but who was a Key Employee as to any earlier Plan Year; and
(3) any amount that is included in Sections 13.2.4(a) or 13.2.4(b) for a person who has not performed any services
for any Participating Company during the 1-year period ending on the Determination Date.
The present value of accrued benefits under any defined benefit plan shall be determined under the method used for accrual purposes for all plans
maintained by all Participating Companies and Affiliated Companies if a single method is used by all such plans, or, otherwise, the slowest
accrual method permitted under section 411(b)(1)(C) of the Code.
For purposes of Sections 13.2.4(a)(3) and (b)(3), distributions under a terminated plan which, had it not been terminated, would have been
aggregated with the Plan under section 416(g)(2)(A)(i) of the Code shall also be included. The accrued benefits and accounts of any individual
who has not performed services for a Participating Company during the 1-year period ending on the Determination Date shall not be taken into
account
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