Common use of EMPLOYER IS PLAN ADMINISTRATOR A Clause in Contracts

EMPLOYER IS PLAN ADMINISTRATOR A. The Employer shall be the Plan Administrator unless the managing body of the Employer designates a person or persons other than the Employer as the Plan Administrator and so notifies the Trustee (or Custodian, if applicable). The Employer shall also be the Plan Administrator if the person or persons so designated cease to be the Plan Administrator. The Employer may establish an administrative committee that will carry out the Plan Administrator's duties. Members of the administrative committee may allocate the Plan Administrator's duties among themselves.

Appears in 5 contracts

Samples: Basic Plan Document (Peabody Energy Corp), Basic Plan Document (Tri Continental Corp), Qualified Retirement Plan and Trust (Meritage Hospitality Group Inc /Mi/)

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EMPLOYER IS PLAN ADMINISTRATOR A. The Employer shall be the Plan Administrator unless the managing body of the Employer designates a person or persons other than the Employer as the Plan Administrator and so notifies the Trustee (or Custodian, if applicable)Trustee. The Employer shall also be the Plan Administrator if the person or persons so designated cease to be the Plan Administrator. The Employer may establish an administrative committee that will carry out the Plan Administrator's duties. Members of the administrative committee may allocate the Plan Administrator's duties among themselves.

Appears in 1 contract

Samples: Defined Contribution Plan Document (Janus Investment Fund)

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EMPLOYER IS PLAN ADMINISTRATOR A. The Employer shall be the Plan Administrator unless the managing body of the Employer designates a person or persons other than the Employer as the Plan Administrator and so notifies the Prototype Sponsor and the Trustee (or Custodian, if applicable). The Employer shall also be the Plan Administrator if the person or persons so designated cease to be the Plan Administrator. The Employer may establish an administrative committee that will carry out the Plan Administrator's duties. Members of the administrative committee may allocate the Plan Administrator's duties among themselves.

Appears in 1 contract

Samples: Qualified Retirement Plan and Trust (Bradford Funds Inc)

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