ANNUAL REPORT OF THE TRUSTEE. Within a reasonable period of time after the later of the Anniversary Date or receipt of the Employer contribution for each Plan Year, the Trustee shall furnish to the Employer and Administrator a written statement of account with respect to the Plan Year for which such contribution was made setting forth:
ANNUAL REPORT OF THE TRUSTEE. 8 5.7. AUDIT.............................................................9 5.8. RESIGNATION, REMOVAL AND SUCCESSION OF TRUSTEE....................9
ANNUAL REPORT OF THE TRUSTEE. 11 3.3 AUDIT....................................................... 12
ANNUAL REPORT OF THE TRUSTEE. 1. Within a reasonable period of time after the Trustee has caused the assets of the trust fund to be valued for each Plan Year, the Trustee shall provide to the Employer a written report of such valuation, which written report shall include, but need not be limited to:
ANNUAL REPORT OF THE TRUSTEE. Within a reasonable period of time after the later of the Anniversary Date or receipt of the Employer's contribution for each Plan Year, the Trustee shall furnish to the Employer and Administrator a written statement of account with respect to the Plan Year for which such contribution was made setting forth: (a) the net income, or loss, of the Trust Fund; (b) the gains, or losses, realized by the Trust Fund upon sales or other disposition of the assets; (c) the increase, or decrease, in the value of the Trust Fund; (d) all payments and distributions made from the Trust Fund; and (e) such further information as the Trustee and/or Administrator deems appropriate. The Employer, forthwith upon its receipt of each such statement of account, shall acknowledge receipt thereof in writing and advise the Trustee and/or Administrator of its approval or disapproval thereof. Failure by the Employer to disapprove any such statement of account within thirty (30) days after its receipt thereof shall be deemed an approval thereof. The approval by the Employer of any statement of account shall be binding as to all matters embraced therein as between the Employer and the Trustee to the same extent as if the account of the Trustee had been settled by judgment or decree in an action for a judicial settlement of its account in a court of competent jurisdiction in which the Trustee, the Employer and all persons having or claiming an interest in the Plan were parties; provided, however, that nothing herein contained shall deprive the Trustee of its right to have its accounts judicially settled if the Trustee so desires. 8.8 AUDIT (a) If an audit of the Plan's records shall be required by the Act and the regulations thereunder for any Plan Year, the administrator shall direct the Trustee to engage on behalf of all Participants an independent qualified public accountant for that purpose. Such accountant shall, after an audit of the books and records of the Plan in accordance with generally accepted auditing standards, within a reasonable period after the close of the Plan Year, furnish to the Administrator and the Trustee a report of his audit setting forth his opinion as to whether any statements, schedules or lists that are required by Act Section 103 or the Secretary of Labor to be filed with the Plan's annual report, are presented fairly in conformity with generally accepted accounting principles applied consistently. All auditing and accounting fees shall be an expense of and ...
ANNUAL REPORT OF THE TRUSTEE. Within sixty (60) days after the later of the Anniversary Date or receipt of the Company's final contribution for each Plan Year, the Trustee shall furnish to the Company and/or Administrator a written statement of account with respect to the Plan Year setting forth:
ANNUAL REPORT OF THE TRUSTEE a. Within a reasonable period of time after the later of the last day of each Plan Year or receipt of the Employer's contribution for each Plan Year, the Trustee, or its agent, shall furnish to the Plan Administrator a written statement of account with respect to the Plan Year for which such contribution was made setting forth:
ANNUAL REPORT OF THE TRUSTEE
