Common use of NO ESTABLISHMENT OF ERISA PLAN Clause in Contracts

NO ESTABLISHMENT OF ERISA PLAN. It is the intent of the Employer that the establishment of Health Savings Accounts are completely voluntary on the part of Participants, and that, in accordance with Department of Labor Field Assistance Bulletin 2004-1, the Health Savings Accounts are not “employee welfare benefit plans” for purposes of Title I of ERISA.