Common use of INDIVIDUAL ACCOUNTS A Clause in Contracts

INDIVIDUAL ACCOUNTS A. The Plan Administrator shall establish and maintain an Individual Account in the name of each Participant to reflect the total value of his or her interest in the Fund. Each Individual Account established hereunder shall consist of such subaccounts as may be needed for each Participant including:

Appears in 2 contracts

Samples: Qualified Retirement Plan and Trust (Bradford Funds Inc), Qualified Retirement Plan and Trust (Meritage Hospitality Group Inc /Mi/)

AutoNDA by SimpleDocs

INDIVIDUAL ACCOUNTS A. The Plan Administrator shall establish and maintain an Individual Account in the name of each Participant to reflect the total value of his or her interest in the Fund. Each Individual Account established hereunder shall consist of such subaccounts as may be needed for each Participant including: 1. a subaccount to reflect Employer Contributions and Forfeitures allocated on behalf of a Participant; 2. a subaccount to reflect a Participant's rollover contributions; 3. a subaccount to reflect a Participant's transfer contributions;

Appears in 1 contract

Samples: Tax Sheltered Custodial Account Agreement (New England Funds Trust I)

INDIVIDUAL ACCOUNTS A. The Plan Administrator shall must establish and maintain an Individual Account in the name of each Participant to reflect the total value of his or her interest in the Fund. Each Individual Account established hereunder shall consist is made up of such subaccounts as whatever sub-accounts may be needed for each Participant Participant, including:

Appears in 1 contract

Samples: 401(k) Profit Sharing Adoption Agreement (Kevco Inc)

AutoNDA by SimpleDocs

INDIVIDUAL ACCOUNTS A. The Plan Administrator shall establish and maintain an Individual Account in the name of each Participant to reflect the total value of his or her interest in the Fund. Each Individual Account established hereunder shall consist of such subaccounts as may be needed for each Participant including:

Appears in 1 contract

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

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!