Common use of PLAN ACCOUNTING Clause in Contracts

PLAN ACCOUNTING. 1. Process payroll contributions according to payroll frequency via electronic data transfer (EDT), consolidated magnetic tape or diskette. The data format will be provided by Fidelity. 2. Provide Plan and Participant level accounting for up to nine (9) money classifications for the Plan. 3. Audit and reconcile the Plan and Participant accounts daily. 4. Provide daily Plan and Participant level accounting for the Plan investment options. 5. Reconcile and process Participant withdrawal requests as approved and directed by the Sponsor. All requests are paid based on the current market values of Participants' accounts, not advanced or estimated values. A distribution report will accompany each check. 6. Track individual Participant loans; process loan withdrawals; re-invest loan repayments; and prepare and deliver comprehensive reports to the Sponsor to assist in the administration of Participant loans.

PLAN ACCOUNTING. 1. Process payroll contributions according to your payroll frequency via electronic data transfer (EDT), ) or consolidated magnetic tape or diskettetape. The data format will be provided by Fidelity. 2. Provide Plan plan and Participant level accounting for up to nine (9) money classifications for the Plan. 3. Audit and reconcile the Plan plan and Participant accounts daily. 4. Provide daily Plan plan and Participant level accounting for the Plan investment options. 5. Reconcile and process Participant withdrawal requests as approved and directed by the Sponsor. All requests are paid based on the current market values of Participants' accounts, not advanced or estimated values. A distribution report will accompany each check. 6. Track individual Participant loans; process loan withdrawals; re-invest loan repayments; and prepare and deliver comprehensive reports to the Sponsor plan sponsor to assist in the administration of Participant loans. 7. Maintain and process changes to Participants' prospective and existing investment mix elections via Fidelity's toll-free telephone service.

PLAN ACCOUNTING. 1. Process payroll contributions according to your payroll frequency via electronic data transfer (EDT), ) or consolidated magnetic tape or diskettetape. The data format will be provided by Fidelity. 2. Provide Plan plan and Participant participant level accounting for up to nine (9) money classifications for the Plan. 3. Audit and reconcile the Plan plan and Participant participant accounts daily. 4. Provide daily Plan plan and Participant participant level accounting for the Plan up to five (5) Fidelity managed investment optionsfunds. 5. Reconcile and process Participant participant withdrawal requests as approved and directed by the Sponsor. All requests are paid based on the current market values of Participantsparticipants' accounts, not advanced or estimated values. A distribution report will accompany each check. 6. Track individual Participant participant loans; process loan withdrawals; re-invest loan repayments; and prepare and deliver comprehensive reports to the Sponsor plan sponsor to assist in the administration of Participant participant loans.