Participant Statements. The Plan Administrator shall prepare a statement for each Participant not less frequently than annually. Statements may be prepared more 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: Defined Contribution Plan, Defined Contribution Plan, Defined Contribution Plan (ASB 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, 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: Defined Contribution Plan (FNB United Corp.), Defined Contribution Plan (Idt Corp), Defined Contribution Plan (Georgetown 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, 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 5 contracts
Samples: Nonstandardized Adoption Agreement (Banctrust Financial Group Inc), 401(k) Defined Contribution Plan (Measurement Specialties Inc), Nonstandardized Adoption Agreement (Banctrust Financial Group 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 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: Defined Contribution Plan (1st Constitution Bancorp), Defined Contribution Plan (Wellesley Bancorp, Inc.), 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, 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: Savings and Investment Plan Document (Sterling Chemicals Inc), Adoption Agreement (Sterling Chemicals Inc)
