POWERS AND DUTIES OF THE PLAN ADMINISTRATOR. The Plan Administrator may, by appointment, allocate the duties of the Plan Administrator among several individuals or entities. Such appointments shall not be effective until the party designated accepts such appointment in writing.
Appears in 3 contracts
Samples: Comprehensive Nonstandardized Safe Harbor 401(k) Profit Sharing Plan Adoption Agreement (Cornell Corrections Inc), Flexible Nonstandardized Safe Harbor 401(k) Profit Sharing Plan Adoption Agreement (Camco Financial Corp), Adoption Agreement (Bradford Funds Inc)
POWERS AND DUTIES OF THE PLAN ADMINISTRATOR. A. The Plan Administrator shall have the authority to control and manage the operation and administration of the Plan. The Plan Administrator shall administer the Plan for the exclusive benefit of the Participants and their Beneficiaries in accordance with the specific terms of the Plan.
B. The Plan Administrator may, by appointment, allocate the duties of the Plan Administrator among several individuals or entities. Such appointments shall not be effective until the party designated accepts such appointment in writing.
C. The Plan Administrator shall be charged with the duties of the general administration of the Plan, including, but not limited to, the following:
Appears in 1 contract
POWERS AND DUTIES OF THE PLAN ADMINISTRATOR. A. The Plan Administrator may, by appointment, allocate the duties of the Plan Administrator among several individuals or entities. Such appointments shall not be effective until the party designated accepts such appointment in writing.
B. The Plan Administrator shall have the authority to control and manage the operation and administration of the Plan. The Plan Administrator shall administer the Plan for the exclusive benefit of the Participants and their Beneficiaries in accordance with the specific terms of the Plan.
Appears in 1 contract
Samples: 401(k) Profit Sharing Plan Adoption Agreement (Antigenics Inc /De/)
POWERS AND DUTIES OF THE PLAN ADMINISTRATOR. A. The Plan Administrator may, by appointmentappointtniett, allocate the duties of the Plan Administrator among several individuals or entities. Such appointments shall not be effective until the party designated accepts such appointment in writing.
B. The Plan Administrator shall have the authority to control and manage the operation and administration of the Plan. The Plan Administrator shall administer the Plan for the exclusive benefit of the Participants and their Beneficiaries in accordance with the specific terms of the Plan.
Appears in 1 contract
Samples: Basic Plan Document (Weststar Financial Services Corp)
