Common use of PARTICIPANT REPORTING Clause in Contracts

PARTICIPANT REPORTING. 1. Provide confirmation to Participants of all Participant initiated transactions either online or via the mail. Online confirms are generated upon submission of a transaction and mail confirms are available by mail within three to five calendar days of the transaction. 2. Provide Participants with opportunity to generate electronic statements via NetBenefits for activity for the requested time period. Upon Participant request, Fidelity will provide paper statements to the Participant via first class mail. 3. Provide Participants with required Code Section 402(f) notification for distributions from the Plan. This notice advises Participants of the tax consequences of their Plan distributions. 4. Provide Participants with required Code Section 411(a)(11) notification for distributions from the Plan. This notice advises Participants of the normal and optional forms of payment of their Plan distributions.

PARTICIPANT REPORTING. 1. Provide confirmation to Participants of all Participant initiated transactions either online or via the mail. Online confirms are generated upon submission of a transaction and mail confirms are available by mail within three to five calendar days of the transaction. 2. Provide Participants with opportunity to generate electronic statements via NetBenefits for activity for the requested time period. Upon Participant request, Fidelity will provide paper statements to the Participant via first class mail. 3. Provide Participants with required Code Section 402(f) notification for distributions from the PlanPlan in compliance with applicable law. This notice advises Participants of the tax consequences of their Plan distributions. 4. Provide Participants with required Code Section 411(a)(11) notification for distributions from the PlanPlan in compliance with applicable law. This notice advises Participants of the normal and optional forms of payment of their Plan distributions.