Examples of DC Trust in a sentence
As soon as practicable following the Closing, the assets and the liabilities associated with the Nonqualified Benefits Participants in the Seller DC Trust (plus interest at the Interest Rate for the period from the Closing Date through the date of such transfer) shall be transferred to the Parent DC Trust.
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Effective as of the Closing, Parent shall establish a trust (the “Parent DC Trust”) substantially similar to the Seller DC Trust to hold assets to pay benefits to Nonqualified Benefits Participants under the Parent SERP, the Parent SBP, and the Parent DCP.
Refer to Note 3 Acuity DC Trust and Note 5 Fair Value Measurements for further discussion.Purchases and sales of securities are recorded on a trade-date basis.
The Acuity DC Trust is a collective investment of the assets of the Company's participating employee benefit plans.
Fund assets are allocated to selected independent investment managers to invest under these guidelines.Investments of the Acuity DC Trust are stated at fair value.
Washington, DC: Trust for America’s Health and the Robert Wood Johnson Foundation, 2018.
The Acuity DC Trust holds investments in the Invesco Stable Value Fund, which holds synthetic guaranteed investment contracts (“synthetic GICs” or “wrap contracts”) and a diversified portfolio of investments, primarily units of collective trust funds held in the name of the Acuity DC Trust.
These events include, but are not limited to, the following: (1) amendments to the Plan documents that materially and adversely affect the risk borne by the contract issuer, unless otherwise approved by the issuers, (2) bankruptcy of the Plans' sponsor or other events which cause a significant withdrawal from the Plans, or (3) the failure of the Acuity DC Trust to qualify for exemption from federal income taxes or any required prohibited transaction exemption under ERISA.
InvestmentsThe investments in the Acuity DC Trust are subject to certain administrative guidelines and limitations as to the type and amount of securities held.