Aggregate Account definition

Aggregate Account means, with respect to each Participant, the value of all accounts maintained on behalf of a Participant, whether attributable to Employer or Employee contributions, subject to the provisions of Section 9.2.

Aggregate Account means with respect to a Participant as of the Determination Date, the sum of the following:

Aggregate Account means, with respect to a Participant, his or her adjusted account balance in a defined contribution plan, as determined under the top heavy provisions of such plan.

Examples of Aggregate Account in a sentence

• A loan is to be secured by the Participant’s Aggregate Account balance, and any outstanding loan balance shall become due and payable at the termination of the Participant’s participation in the Plan.

• The Aggregate Account balance for the valuation calendar year includes any amounts rolled over or transferred to the Plan either in the valuation calendar year or in the distribution calendar year if distributed or transferred in the valuation calendar year.

• Investments: The Board may create and is authorized to offer to each Participant of the Plan, various investment options, including at least three alternatives, each of which is diversified in itself, that allow a Participant a broad range of investments and a meaningful choice between risk and return in the investment of the Participant’s Aggregate Account.

• Contributions: One hundred percent (100%) of each Aggregate Account may be invested as directed by the Participant in any one or a combination of the designated investment options.

• Participation in the Plan will cease upon distribution of a Participant’s entire Aggregate Account balance.

More Definitions of Aggregate Account

Aggregate Account means, with respect to each Participant, the value of all Accounts maintained on behalf of a Participant, whether attributable to Employer or Employee contributions, subject to the Top Heavy Provision and Administration Section.

Aggregate Account. A Participant's Aggregate Account as of the Determination Date is the sum of:

Aggregate Account means, with respect to each Participant, the value of all accounts maintained on behalf of a

Aggregate Account means, as of the Determination Date, the sum of:

Aggregate Account means the value of all Accounts in the MP Component maintained on behalf of a Member, whether attributable to Employer or Member contributions.

Aggregate Account means, with respect to each Participant, the value of all accounts maintained on behalf of a Participant whether attributable to Employer or Employee contributions.

Aggregate Account means, with respect to a Participant, the sum of: