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: 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; 4. a subaccount to reflect a Participant's Nondeductible Employee Contributions; and 5. a subaccount to reflect a Participant's deductible employee contributions.

Appears in 3 contracts

Samples: 401(k) Profit Sharing Plan Adoption Agreement (Miami Computer Supply Corp), Basic Plan Document (Peabody Energy Corp), Basic Plan Document (Tri Continental Corp)

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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; ; 4. a subaccount to reflect a Participant's Nondeductible Employee Contributions; and and 5. a subaccount to reflect a Participant's deductible employee contributions.

Appears in 1 contract

Samples: Defined Contribution Plan Document (Janus Investment Fund)

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