29 CFR 549.3 - Distinction between plan and trust.

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§ 549.3 Distinction between plan and trust.
As used in this part:
(a) Profit-sharing plan means any such program or arrangement as qualifies hereunder which provides for the distribution by the employer to his employees of their respective shares of profits;
(b) Profit-sharing trust means any such program or arrangement as qualifies under this part which provides for the irrevocable deposit by the employer of his employees' distributive shares of profits with a trustee for deferred distribution to such employees of their respective shares.

Title 29 published on 2013-07-01

no entries appear in the Federal Register after this date.

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United States Code
U.S. Code: Title 29 - LABOR