Changes in Investment Options. To the extent the Trustee’s compensation is derived in whole or in part from revenue from the Board’s selection of certain investment products offered by or through the Trustee, the Trustee reserves the right to amend the Agreement, including this Schedule, in the event such revenue is reduced by a change in the investment products or options available under the Plan.
Changes in Investment Options. The available plan investment options may only be selected or changed by the Plan Sponsor. City of Hartford Deferred Compensation Plan Hartford Public Schools 403(b) Retirement Plan Schedule I: Reimbursement of Plan Expenses The Contractor shall reimburse the Plan Sponsor a single, one-time payment of $35,000 for the Plan’s reasonable and necessary administrative expenses. The annual figure shown above is the total amount to be paid to the Plan Sponsor, without regard to the number of plans covered by this Agreement. The reimbursement amount will be paid by the Contractor as a lump sum payment to the Expense Account for Service Expenditures as defined in this Schedule I. The Contractor shall reimburse the Plan Sponsor $10,000 initially and then $2,000 annually in each of the subsequent years of this Agreement for the Plan’s reasonable and necessary expenses related to the drafting and maintenance of plan documents. The annual figure shown above is the total amount to be paid to the Plan Sponsor, without regard to the number of plans covered by this Agreement. The annual reimbursement amount will be paid by the Contractor as a lump sum payment to the Expense Account for Service Expenditures as defined in this Schedule I at the beginning of each Plan year. Expense Account for Service Expenditures (“EASE Account”) The EASE Account is a funding source that can be directed towards the payment of allowable plan administrative expenses or allocated to participant accounts. The amount allocated to the EASE Account is directly attributable to excess fund revenue sharing amounts and administrative service fees in an annual amount of 0.04% of the assets of the 457(b) Plan and $25.00 annual per participant in the 403(b) Plan, but excluding any outstanding loan balances and assets in the Self Directed Brokerage Account. Please refer to your Expense Account for Service Expenditures Agreement for complete details regarding the administration of this optional account. Changes to the amount allocated to the EASE Account may be made by (i) the Plan Sponsor by submission of such change to the Contractor on such form as Contractor may prescribe from time to time, or (ii) the Contractor by written notice to the Plan Sponsor. City of Hartford Deferred Compensation Plan Hartford Public Schools 403(b) Retirement Plan Schedule J: VRIAC’s Policy for Correction of Inadvertent Processing Errors As your Plan’s administrative service provider, Voya Retirement Insurance and Annuity Comp...
Changes in Investment Options. To the extent the Contractor’s compensation is derived in whole or in part from revenue from the City’s selection of certain investment products offered by or through the Contractor, the Contractor reserves the right to amend the Agreement, including this Schedule, in the event such revenue is reduced by a change in the investment products or options available under the Plan. Contractor Exhibit for Goods and Services for Deferred Compensation Schedule I: Expense Account for Service Expenditures (“EASE Account”) The EASE Account is a funding source that can be directed towards the payment of allowable plan administrative expenses or allocated to participant accounts. The annual amount allocated to the EASE Account is directly attributable to The Plan Administrative Fee as directed and willexcludie any outstanding loan balances and/or assets in a Self Directed Brokerage Account, if applicable. Please refer to your separate Expense Account for Service Expenditures Agreement for complete details regarding the administration of this optional account. Changes to the amount allocated to the EASE Account may be made by (i) the City’s submission of such change to the Contractor on such form as Contractor may prescribe from time to time, or (ii) the Contractor by written notice to the City. Contractor Exhibit for Goods and Services for Deferred Compensation Schedule J: VRIAC’s Policy for Correction of Inadvertent Processing Errors As your Plan’s administrative service provider, Voya Retirement Insurance and Annuity Company (“VRIAC”) has agreed to process transaction orders received in good order prior to market close from the plan and plan participants accurately and on a timely basis. We seek to avoid transaction processing errors to the greatest extent possible, but inadvertent errors do occur from time to time. Inadvertent processing errors are exclusively defined as incorrect or untimely processing by VRIAC employees of transactions that are received in good order. Inadvertent processing errors do not include errors made by plan sponsors or third parties. VRIAC will correct any identified inadvertent processing error caused by VRIAC (a “VRIAC inadvertent processing error”) as soon as practicable, typically no later than five (5) business days after VRIAC has identified sufficient information to correct the error. VRIAC represents that in no event will VRIAC exercise discretionary authority or control over the correction of inadvertent processing errors in order ...
Changes in Investment Options. To the extent the Custodian’s compensation is derived in whole or in part from revenue from the Board’s selection of certain investment products offered by or through the Custodian, the Custodian reserves the right to amend the Agreement, including this Schedule, in the event such revenue is reduced by a change in the investment products or options available under the Plan.
