Defined Contribution Plan. A Plan under which individual accounts are maintained for each Participant to which all contributions, forfeitures, investment income and gains or losses, and expenses are credited or deducted. A Participant's benefit under such Plan is based solely on the fair market value of his or her account balance.
Appears in 7 contracts
Samples: 401(k) Plan Document (East West Bancorp Inc), Profit Sharing Plan (First Keystone Corp), Adoption Agreement (Professionals Insurance Co Management Group)
