Unclaimed Amounts Payable. If the TPA cannot ascertain the whereabouts of any person to whom an amount is payable under the Plan, and if, after 5 years from the date such payment is due, a notice of such payment due is mailed to the address of such person, as last shown on the records of the Plan, and within 3 months after such mailing such person has not filed with the TPA or Plan Administrator written claim therefor, the Plan Administrator may direct in accordance with ERISA that the payment (including the amount allocable to the Member's contributions) be cancelled, and used in abatement of the Plan's administrative expenses, provided that appropriate provision is made for re-crediting the payment if such person subsequently makes a claim therefor.
Appears in 5 contracts
Samples: Employees' Savings & Profit Sharing Plan and Trust (Pulaski Financial Corp), Adoption Agreement (Suntrust Banks Inc), Adoption Agreement (Allied First Bancorp Inc)
Unclaimed Amounts Payable. If the TPA cannot ascertain the whereabouts of any person to whom an amount is payable under the Plan, and if, after 5 years from the date such payment is due, a notice of such payment due is mailed to the address of such person, as last shown on the records of the Plan, and within 3 months after such mailing such person has not filed with the TPA or Plan Administrator written claim therefor, the Plan Administrator may direct in accordance with ERISA that the payment (including the amount allocable to the Member's contributions) be cancelled, and used in abatement of the Plan's administrative expenses, provided that appropriate provision is made for re-crediting recrediting the payment if such person subsequently makes a claim therefor.
Appears in 4 contracts
Samples: Employees' Savings & Profit Sharing Plan (First Community Financial Corp /Nc/), Employees' Savings & Profit Sharing Plan (1st State Bancorp Inc), Adoption Agreement (American Financial Holding Corp Inc)
Unclaimed Amounts Payable. If the TPA cannot ascertain the whereabouts of any person to whom an amount is payable under the Plan, and if, after 5 years from the date such payment is due, a notice of such payment due is mailed to the address of such person, as last shown on the records of the Plan, and within 3 months after such mailing such person has not filed with the TPA or Plan Administrator written claim therefortherefore, the Plan Administrator may direct in accordance with ERISA that the payment (including the amount allocable to the Member's ’s contributions) be cancelled, and used in abatement of the Plan's ’s administrative expenses, provided that appropriate provision is made for re-crediting the payment if such person subsequently makes a claim therefortherefore.
Appears in 3 contracts
Samples: Adoption Agreement (Northeast Community Bancorp Inc), Adoption Agreement (Sugar Creek Financial Corp), Adoption Agreement (Newport Bancorp Inc)
Unclaimed Amounts Payable. If the TPA cannot ascertain the whereabouts of any person to whom an amount is payable under the Plan, and if, after 5 years five (5)years from the date such payment is due, a notice of such payment due is mailed to the address of such person, as last shown on the records of the Plan, and within 3 months three (3)months after such mailing such person has not filed with the TPA or Plan Administrator written claim therefortherefore, the Plan Administrator may direct in accordance with ERISA that the payment (including the amount allocable to the Member's =s contributions) be cancelled, and used in abatement of the Plan's =s administrative expenses, provided that appropriate provision is made for re-crediting the payment if such person subsequently makes a claim therefortherefore.
Appears in 2 contracts
Samples: Adoption Agreement (Sugar Creek Financial Corp./Md/), Adoption Agreement (Cape Bancorp, Inc.)
Unclaimed Amounts Payable. If the TPA cannot ascertain the whereabouts of any person to whom an amount is payable under the Plan, and if, after 5 years from the date such payment is due, a notice of such payment due is mailed to the address of such person, as last shown on the records of the Plan, and within 3 months after such mailing such person has not filed with the TPA or Plan Administrator written claim therefor, the Plan Administrator may direct in accordance with ERISA that the payment (including the amount allocable to the Member's contributions) be cancelledcanceled, and used in abatement of the Plan's administrative expenses, provided that appropriate provision is made for re-crediting recrediting the payment if such person subsequently makes a claim therefor.
Appears in 2 contracts
Samples: Adoption Agreement (Pulaski Financial Corp), Employees' Savings & Profit Sharing Plan and Trust (Riverview Bancorp Inc)
Unclaimed Amounts Payable. If the TPA cannot ascertain the whereabouts of any person to whom an amount is payable under the Plan, and if, after 5 years from the date such payment is due, a notice of such payment due is mailed to the address of such person, as last shown on the records of the Plan, and within 3 months after such mailing such person has not filed with the TPA or Plan Administrator written claim therefor, the Plan Administrator may direct in accordance with ERISA that the payment (including the amount allocable to the Member's contributions) be cancelled, and used in abatement of the PlanPlan 's administrative expenses, provided that appropriate provision is made for re-crediting recrediting the payment if such person subsequently makes a claim therefor.
Appears in 1 contract
Unclaimed Amounts Payable. If the TPA cannot ascertain the whereabouts of any person to whom an amount is payable under the Plan, and if, after 5 five (5) years from the date such payment is due, a notice of such payment due is mailed to the address of such person, as last shown on the records of the Plan, and within 3 three (3) months after such mailing such person has not filed with the TPA or Plan Administrator written claim therefortherefore, the Plan Administrator may direct in accordance with ERISA that the payment (including the amount allocable to the Member's ’s contributions) be cancelled, and used in abatement of the Plan's ’s administrative expenses, provided that appropriate provision is made for re-crediting the payment if such person subsequently makes a claim therefortherefore.
Appears in 1 contract
Samples: Adoption Agreement (First Savings Financial Group Inc)
Unclaimed Amounts Payable. If the TPA cannot ascertain the whereabouts of any person to whom an amount is payable under the Plan, and if, after 5 years from the date such payment is due, a notice of such payment due is mailed to the address of such person, as last shown on the records of the Plan, and within 3 months after such mailing such person has not filed with the TPA or Plan Administrator written claim therefor, the Plan Administrator may direct in accordance with ERISA that the payment (including the amount allocable to the Member's contributions) be cancelled, can be and used in abatement of the Plan's administrative expenses, provided that appropriate provision is made for re-crediting the payment if such person subsequently makes a claim therefor.
Appears in 1 contract
Unclaimed Amounts Payable. If the TPA cannot ascertain the whereabouts of any person to whom an amount is payable under the Plan, and if, after 5 years from the date such payment is due, a notice of such payment due is mailed to the address of such person, as last shown on the records of the Plan, and within 3 months after such mailing such person has not filed with the TPA or Plan Administrator written claim therefor, the Plan Administrator may direct in accordance with ERISA that the payment (including the amount allocable to the Member's contributions) be cancelled, and used in abatement of the Plan's administrative expenses, provided that appropriate provision is made for re-crediting recrediting the payment if such person subsequently makes a claim therefor.. 58
Appears in 1 contract
Samples: Employees' Savings & Profit Sharing Plan (BCSB Bankcorp Inc)
Unclaimed Amounts Payable. If the TPA cannot ascertain the whereabouts of any person to whom an amount is payable under the Plan, and if, after 5 years from the date such payment is due, a notice of such payment due is mailed to the address of such person, as last shown on the records of the Plan, and within 3 months after such mailing such person has not filed with the TPA or Plan Administrator written claim therefor, the Plan Administrator may direct in accordance with ERISA that the payment (including the amount allocable to the Member's ’s contributions) be cancelled, and used in abatement of the Plan's ’s administrative expenses, provided that appropriate provision is made for re-crediting the payment if such person subsequently makes a claim therefor.
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