Common use of Segregation of Assets Clause in Contracts

Segregation of Assets. If a Participant elects a mode of distribution other than a lump sum, the Plan Administrator may place that Participant's account balance into a segregated Investment Fund for the purpose of maintaining the necessary liquidity to provide benefit installments on a periodic basis.

Appears in 18 contracts

Samples: Qualified Retirement Plan and Trust (Bradford Funds Inc), Basic Plan Document (Edelbrock Corp), Prototype Defined Contribution Plan and Trust/Custodial Account (Connecticut Water Service Inc / Ct)

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Segregation of Assets. If a Participant elects a mode of distribution other than a lump sum, the Plan Administrator may place that Participant's Panicipant 'S account balance into a into.a segregated Investment Fund for the purpose of maintaining the necessary liquidity to provide benefit installments on a periodic basis.

Appears in 1 contract

Samples: Basic Plan Document (Weststar Financial Services Corp)

Segregation of Assets. If a Participant elects a mode of distribution other than a lump sum, the Plan Administrator may place that Participant's Participants account balance into a segregated Investment Fund for the purpose of maintaining the necessary liquidity to provide benefit installments on a periodic basis.

Appears in 1 contract

Samples: Qualified Retirement Plan and Trust (Bradford Funds Inc)

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Segregation of Assets. If a Participant elects a mode of distribution other than in a lump sum, the Plan Administrator may place that the Participant's account balance into in a segregated Investment Fund for the purpose of maintaining the necessary having sufficient liquidity to provide benefit installments on a periodic basisinstallments.

Appears in 1 contract

Samples: 401(k) Profit Sharing Adoption Agreement (Kevco Inc)

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