Common use of Xxxx Contributions Account Clause in Contracts

Xxxx Contributions Account. Xxxx Contributions will be made to a Xxxx Contributions Account, which will be maintained separately from other Accounts. The Administrator will maintain a record of the Participant’s investment in the contract, i.e., the original contributions or conversions, unadjusted for gains or losses, that have not yet been distributed.

Appears in 2 contracts

Samples: Horizon 401(k) Plan, 401(k) Plan

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Xxxx Contributions Account. A Xxxx Contributions will be made to a Xxxx Contributions Account, which Account will be maintained separately on behalf of each Accountholder who elects to make Xxxx Contributions (including those made as Catch-Up Contributions), Xxxx Conversions under Section 5.9, or transfers or rollovers from other Accountsa qualified Xxxx contribution program under Code §402A(b) or who succeeds to any such amounts. The Administrator will maintain a record of the Participant’s investment in the contract, i.e., the original contributions or conversions, conversions unadjusted for gains or losses, that have not yet been distributed.

Appears in 2 contracts

Samples: Horizon 401(k) Plan, 401(k) Plan

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