INVESTMENT IN GROUP TRUST FUND. The Trustee, for collective investment purposes, may combine into one trust fund the Trust created under this Plan with the Trust created under any other qualified retirement plan the Employer maintains. However, the Trustee must maintain separate records of account for the assets of each Trust in order to reflect properly each Participant's Accrued Benefit under the plan(s) in which he is a Participant.
Appears in 2 contracts
Samples: Employee Stock Ownership Plan and Trust Agreement (Millers Mutual Fire Insurance Co), Employee Stock Ownership Plan (Exigent International Inc)
INVESTMENT IN GROUP TRUST FUND. The TrusteeTrustees, for collective investment purposes, purposes may combine into one trust fund the Trust created under this Plan with the Trust trust created under any other qualified retirement plan the Employer maintains. However, the Trustee must Trustees shall maintain separate records of account for the assets of each Trust in order to reflect properly each Participant's ’s Accrued Benefit under the plan(s) in which he or she is a Participant.
Appears in 2 contracts
Samples: Fire and Police Money Purchase Pension Plan and Trust Agreement, Pension Plan and Trust Agreement
