Designated Investment Alternative definition

Designated Investment Alternative means a specific investment identified by name by the Employer (or such other Fiduciary who has been given the authority to select investment options) as an available investment under the Plan to which Plan assets may be invested by the Trustee pursuant to the investment direction of a Participant.

Designated Investment Alternative means a specific investment identified by name by a Fiduciary as an available investment under the Plan which may be acquired or disposed of by the Trustee pursuant to the investment direction by a Participant.

Designated Investment Alternative means any investment alternative des- ignated by the plan into which partici- pants and beneficiaries may direct the investment of assets held in, or con- tributed to, their individual accounts. The term ‘‘designated investment al- ternative’’ shall not include ‘‘broker- age windows,’’ ‘‘self-directed brokerage accounts,’’ or similar plan arrange- ments that enable participants and Employee Benefits Security Admin., Labor § 2550.404a–5 beneficiaries to select investments be- yond those designated by the plan.

Examples of Designated Investment Alternative in a sentence

• A list of the assets comprising the portfolio of the Designated Investment Alternative, the value of each asset and the name of the insurer or bank issuing a fixed rate investment contract that is a part of the portfolio.

• A narrative description of the annual operating expenses of each Designated Investment Alternative that may reduce the rate of return and the aggregate amount of such expenses expressed as a percentage of average net assets of the Designated Investment Alternative.

• After you have invested in a particular Designated Investment Alternative, you must receive any materials provided to the Plan relating to the exercise of voting, tender, or similar rights incidental to the holding in the account of an ownership interest in such Designated Investment Alternative to the extent such rights pass through to you under the terms of the Plan.

• Security-level proxy ballots within the Designated Investment Alternatives will be voted by the fund manager, who is the individual or firm that is responsible for managing the assets within the Designated Investment Alternative.

• The Investment Fiduciary may decide to stop the investment of additional money in a Designated Investment Alternative and also cause current participant funds to be transferred (mapped) to a remaining Designated Investment Alternative with the most similar investment style.

More Definitions of Designated Investment Alternative

Designated Investment Alternative. Means a Fund’s Shares or another Investment that you, an Investment Manager, or another Fiduciary (or, if the Plan has no Fiduciary, the Plan Sponsor) identified as an Investment Alternative and intends as a designated investment alternative within the meaning of XXXXX’s rules or, if XXXXX does not govern the Plan, similarly intends as a choice for participant-directed investment.

Designated Investment Alternative means any investment alternative designated by the plan into which participants and beneficiaries may direct the investment of assets held in, or contributed to, their individual accounts. The term “designated investment alternative” does not include “brokerage windows,” “self- directed brokerage accounts,” or similar plan arrangements that enable participants and beneficiaries to select investments beyond those designated by the plan.

Designated Investment Alternative means any investment option available to Plan participants in the Plan’s core investment lineup, and excludes any investments exclusively available through the Plan’s Self-Directed Brokerage Account (“SDBA”) option.

Designated Investment Alternative. Means a Fund’s Shares or another Investment that you, an Investment Manager, or another Fiduciary (or, if the Plan has no Fiduciary, the Plan Sponsor) identified as an Investment Alternative and intends as a designated investment alternative within the meaning of ERISA’s rules or, if ERISA does not govern the Plan, similarly intends as a choice for participant-directed investment.

Designated Investment Alternative means a specific investment identified by name by the Employer (or such other Fiduciary to whom the Employer has given in writing the authority to select investment options) as an available investment under the Plan to which Plan assets may be invested by the Trustee pursuant to the investment direction of a Participant.

Designated Investment Alternative means a specific

Designated Investment Alternative means any investment alternative designated by the Plan into which Participants and Beneficiaries could direct the investment of assets held in, or contributed to, Active Accounts.