Daily valuation method. If the Employer in the Adoption Agreement elects to apply the daily valuation method, the Plan Administrator will allocate Earnings on each day of the Plan Year for which Plan assets are valued on an established market and the Trustee is conducting business. Under the daily valuation method, all assets subject to such method are subject to daily valuation. The assets may be held in Participant- Directed Accounts or in Accounts which are subject to Trustee or other fiduciary investment direction.
Appears in 2 contracts
Samples: Adoption Agreement, Adoption Agreement
Daily valuation method. If the Employer in the its Adoption Agreement elects to apply the daily valuation method, the Plan Administrator will allocate Earnings on each day of the Plan Year for which Plan assets are valued on an established market and the Trustee is conducting business. Under the daily valuation method, all assets subject to such method are subject to daily valuation. The assets may be held in Participant- Directed Participant‑Directed Accounts or in Accounts which are subject to Trustee or other fiduciary investment direction.
Appears in 1 contract
Daily valuation method. If the Employer in the its Adoption Agreement elects to apply the daily valuation method, the Plan Administrator will allocate Earnings on each day of the Plan Year for which Plan assets are valued on an established market and the Trustee is conducting business. Under the daily valuation method, all assets subject to such method are subject to daily valuation. The assets may be held in Participant- Directed Accounts or in Accounts which are subject to Trustee or other fiduciary investment direction.
Appears in 1 contract