Common use of Investment Management Responsibility Clause in Contracts

Investment Management Responsibility. o 1. The Employer shall appoint a discretionary Trustee to manage the assets of the Plan. o 2. The Employer shall retain investment management responsibility and/or authority. Unless otherwise appointed, the Trustee shall act in a nondiscretionary capacity. þ 3. The party designated below shall be responsible for the investment of the Participant’s account. By selecting a box, the Employer is making a designation as to who will have authority to issue investment directives with respect to the specified contribution type (check all applicable boxes): a. All Contributions n/a n/a þ b. Elective Deferrals/Xxxx Elective Deferrals o o o c. Voluntary After-tax Contributions o o o d. Required After-tax Contributions o o o e. Safe Harbor Contributions o o o f. Matching Contributions (Formula 1) o o o g. Matching Contributions (Formula 2) o o o h. QMACs o o o i. QNECs o o o j. Non-Elective Contributions (Formula 1) o o o k. Non-Elective Contributions (Formula 2) o o o l. Rollover Contributions o o o

Appears in 1 contract

Samples: Adoption Agreement (Sterling Chemicals Inc)

AutoNDA by SimpleDocs

Investment Management Responsibility. o 1. The Employer shall appoint a discretionary Trustee to manage the assets of the Plan. o 2. The Employer shall retain investment management responsibility and/or authority. Unless otherwise appointed, the Trustee shall act in a nondiscretionary capacity. þ x 3. The party designated below shall be responsible for the investment of the Participant’s account. By selecting a box, the Employer is making a designation as to who will have authority to issue investment directives with respect to the specified contribution type (check all applicable boxes): a. All Contributions n/a n/a þ[x] b. Elective Deferrals/Xxxx Elective Deferrals o o o c. Voluntary After-tax Contributions o o o d. Required After-tax Contributions o o o e. Safe Harbor Contributions o o o f. Matching Contributions (Formula 1) o o o g. Matching Contributions (Formula 2) o o o h. QMACs o o o i. QNECs o o o j. Non-Elective Contributions (Formula 1) o o o k. Non-Elective Contributions (Formula 2) o o o o l. Rollover Contributions o o o m. Deemed XXX Contributions o o o

Appears in 1 contract

Samples: Nonstandardized Adoption Agreement (First Northwest Bancorp)

Investment Management Responsibility. o 1. The Employer shall appoint a discretionary Trustee to manage the assets of the Plan. o 2. The Employer shall retain investment management responsibility and/or authority. Unless otherwise appointed, the Trustee shall act in a nondiscretionary capacity. þ x 3. The party designated below shall be responsible for the investment of the Participant’s account. By selecting a box, the Employer is making a designation as to who will have authority to issue investment directives with respect to the specified contribution type (check all applicable boxes): a. All Contributions n/a n/a þx b. Elective Deferrals/Xxxx Elective Deferrals o o o c. x. Xxxx 401(k) Deferrals o o o d. Voluntary After-tax Contributions o o o d. e. Required After-tax Contributions o o o e. f. Safe Harbor Contributions o o o f. g. Matching Contributions (Formula 1) o o o g. h. Matching Contributions (Formula 2) o o o h. o i. QMACs o o o i. QNECs o o o j. Non-Elective Contributions (Formula 1) o o o k. Non-Elective Contributions (Formula 2) o o o l. Rollover Contributions o o o

Appears in 1 contract

Samples: Cash or Deferred Profit Sharing Plan Adoption Agreement (Willis Group Holdings LTD)

Investment Management Responsibility. o 1. The Employer shall appoint a discretionary Trustee to manage the assets of the Plan. o 2. The Employer shall retain investment management responsibility and/or authority. Unless otherwise appointed, the Trustee shall act in a nondiscretionary capacity. þ 3. The party designated below shall be responsible for the investment of the Participant’s account. By selecting a box, the Employer is making a designation as to who will have authority to issue investment directives with respect to the specified contribution type (check all applicable boxes): a. All Contributions n/a n/a þ b. Elective Deferrals/Xxxx Elective Deferrals o o o c. Voluntary After-tax Contributions o o o d. Required After-tax Contributions o o o e. Safe Harbor Contributions o o o f. Matching Contributions (Formula 1) o o o g. Matching Contributions (Formula 2) o o o h. QMACs o o o i. QNECs o o o j. Non-Elective Contributions (Formula 1) o o o k. Non-Elective Contributions (Formula 2) o o o o l. Rollover Contributions o o o

Appears in 1 contract

Samples: Savings and Investment Plan Document (Sterling Chemicals Inc)

AutoNDA by SimpleDocs

Investment Management Responsibility. o 1. The Employer shall appoint a discretionary Trustee to manage the assets of the Plan. o 2. The Employer shall retain investment management responsibility and/or authority. Unless otherwise appointed, the Trustee shall act in a nondiscretionary capacity. þ 3. The party designated below shall be responsible for the investment of the Participant’s account. By selecting a box, the Employer is making a designation as to who will have authority to issue investment directives with respect to the specified contribution type (check all applicable boxes): a. All Contributions n/a n/a þ b. Elective Deferrals/Xxxx Elective Deferrals o o o c. Voluntary After-tax Contributions o o o d. Required After-tax Contributions o o o e. Safe Harbor Contributions o o o f. Matching Contributions (Formula 1) o o o g. Matching Contributions (Formula 2) o o o h. QMACs o o o i. QNECs o o o j. Non-Elective Contributions (Formula 1) o o o k. Non-Elective Contributions (Formula 2) o o o o l. Rollover Contributions o o o m. Deemed IRA Contributions o o o

Appears in 1 contract

Samples: Defined Contribution Plan (Athens Bancshares Corp)

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