Common use of Plan Expenses Clause in Contracts

Plan Expenses. The Plan Administrator consistent with ERISA and Applicable Law must determine whether a particular Plan expense is a settlor expense which the Employer must pay.

Appears in 2 contracts

Samples: 401(k) Plan Adoption Agreement (Knowles Corp), 401(k) Profit Sharing Plan (Nci Building Systems Inc)

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Plan Expenses. The Plan Administrator consistent with ERISA and Applicable Law must determine whether a particular Plan expense is a settlor expense which the Employer must pay.

Appears in 1 contract

Samples: Defined Contribution Pre Approved Plan (J&j Snack Foods Corp)

Plan Expenses. The Plan Administrator consistent with ERISA and Applicable Law must determine whether a particular Plan expense is a settlor expense which the Employer must pay. (1) Employer election as to non‑settlor expenses. The Employer will direct the Plan Administrator as to whether the Employer will pay any or all non‑settlor reasonable Plan expenses or whether the Plan must bear the expense.

Appears in 1 contract

Samples: Defined Contribution Prototype Plan and Trust Agreement (Bob Evans Farms Inc)

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Plan Expenses. The Plan Administrator consistent with ERISA and Applicable Law must determine whether a particular Plan expense is a settlor expense which the Employer must pay. (1) Employer election as to non-settlor expenses. The Employer will direct the Plan Administrator as to whether the Employer will pay any or all non-settlor reasonable Plan expenses or whether the Plan must bear the expense.

Appears in 1 contract

Samples: Defined Contribution Prototype and Volume Submitter Plan (Finisar Corp)

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