Common use of Account Maintenance Clause in Contracts

Account Maintenance. Account maintenance fees and expenses, may include but are not limited to, administrative, Trustee, government annual report preparation, audit, legal, nondiscrimination testing and fees for any other special services. Account maintenance fees shall be charged to Participants on a per Participant basis provided that no fee shall reduce a Participant's Account balance below zero.

Appears in 6 contracts

Samples: Employee Stock Savings Plan (La Gear Inc), Savings Plan and Trust Agreement (Nipsco Industries Inc), Employee Savings Plan Agreement (Nipsco Industries Inc)

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Account Maintenance. Account maintenance fees and expenses, may include but are not limited to, administrative, Trustee, government annual report preparation, audit, legal, nondiscrimination testing testing, and fees for any other special services. Account maintenance fees shall be charged to Participants on a per Participant basis provided that no fee shall reduce a Participant's Account balance below zero.

Appears in 2 contracts

Samples: Employees' Savings Plan and Trust Agreement (Timken Co), Retirement & Savings Plan (Bank Jos a Clothiers Inc /De/)

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Account Maintenance. Account maintenance fees and expensesexpenses may include, may include but are not limited to, administrative, Trustee, government annual report preparation, audit, legalnondiscrimination testing, nondiscrimination testing and fees for any other special services. Any such Account maintenance fees and expenses shall be charged paid by the Employers or may, at the discretion of the Company, be paid from Forfeitures or other assets of the Plan. If any such fees and expenses are not paid by the Employers due to Participants on a per Participant basis provided that no fee the insolvency of the Employers, they shall reduce a Participant's Account balance below zerobe paid by the Plan.

Appears in 1 contract

Samples: 401(k) Plan and Trust Agreement (Leggett & Platt Inc)

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