Participant Statements. The Plan Administrator shall prepare a statement for each Participant not less frequently than annually. Statements may be prepared more frequently as agreed between the Plan Administrator and the Service Provider or other entity responsible for the maintenance of Plan records or for valuing Plan assets. Each statement shall show the additions to and subtractions from the Participant’s account for the period since the last such statement and shall show the fair market value of the Participant’s account as of the current statement date.
Appears in 6 contracts
Samples: Prototype Defined Contribution Plan (United Community Bancorp), Nonstandardized Adoption Agreement (Chicopee Bancorp, Inc.), Prototype Defined Contribution Plan (FNB United Corp.)
Participant Statements. The Plan Administrator shall prepare a statement for each Participant not less frequently than annually. Statements may be prepared more frequently frequently, as may be agreed between the Plan Administrator and the Service Provider or other entity responsible for the maintenance of Plan records or for valuing Plan assets. Each statement shall show the additions to and subtractions from the Participant’s account for the period since the last such statement and shall show the fair market value of the Participant’s account as of the current statement date.
Appears in 6 contracts
Samples: Prototype Defined Contribution Plan, Prototype Defined Contribution Plan, Prototype Defined Contribution Plan (Fraternity Community Bancorp Inc)
Participant Statements. The Plan Administrator shall prepare a statement for each Participant not less frequently than annually. Statements may be prepared more frequently as agreed between the Plan Administrator and the Service Provider or other entity responsible for the maintenance of Plan records or for valuing Plan assets. Each statement shall show the additions to and subtractions from the Participant’s 's account for the period since the last such statement and shall show the fair market value of the Participant’s 's account as of the current statement date.
Appears in 5 contracts
Samples: Nonstandardized Adoption Agreement (Banctrust Financial Group Inc), Measurement Specialties Inc, Nonstandardized Adoption Agreement (Felcor Lodging Trust Inc)
Participant Statements. The Plan Administrator shall prepare a statement for each Participant not less frequently than annually. Statements may be prepared more frequently frequently, as may be agreed between the Plan Administrator and the Service Provider or other entity responsible for the maintenance of Plan records or for valuing Plan assets. Each statement shall show the additions to and subtractions from the Participant’s 's account for the period since the last such statement and shall show the fair market value of the Participant’s 's account as of the current statement date.
Appears in 3 contracts
Samples: Prototype Defined Contribution Plan (1st Constitution Bancorp), Prototype Defined Contribution Plan (Wellesley Bancorp, Inc.), Prototype Defined Contribution Plan (Savannah Bancorp Inc)
Participant Statements. The Plan Administrator shall prepare a statement for each Participant not less frequently than annuallyannually and as required by law. Statements may be prepared more frequently frequently, as may be agreed between the Plan Administrator and the Service Provider or other entity responsible for the maintenance of Plan records or for valuing Plan assets. Each statement shall show the additions to and subtractions from the Participant’s account for the period since the last such statement and shall show the fair market value of the Participant’s account as of the current statement date.
Appears in 2 contracts
Samples: Participation Agreement (Sterling Chemicals Inc), Sterling Chemicals Inc
