Directed Investment Account definition

Directed Investment Account means the Account established for a Participant who directs the Trustee as to the investment of all or a portion of the interest in any one or more of his individual account balances as permitted in Section 4.6.
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Directed Investment Account means the separate Account established for a Qualified Participant pursuant to this section.
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Directed Investment Account means an account established for the purpose of recording amounts credited on behalf of a Participant and any income, expenses, gains, losses or distributions included thereon. The Account shall be a bookkeeping entry only and shall be utilized solely as a device for the measurement and determination of the amounts to be paid to a Participant or to the Participant’s Beneficiary pursuant to the Plan. The Account may contain separate subaccounts for Participant Deferrals, Company Credits, and other subaccounts as determined by the Committee.
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Examples of Directed Investment Account in a sentence

  • Any costs and expenses related to compliance with the Participant's directions shall be borne by the Participant's Directed Investment Account.

  • Transfers between the Participant's regular account and his Directed Investment Account shall be charged and credited as the case may be to each account.

  • That portion of the account of any Participant so directing will thereupon be considered a Directed Investment Account, which shall not share in Trust Fund earnings.

  • All amounts allocated to a Participant's Elective Account may be treated as a Directed Investment Account pursuant to Article 3.

  • The Directed Investment Account shall not share in Trust Fund earnings, but it shall be charged or credited as appropriate with the net earnings, gains, losses and expenses as well as any appreciation or depreciation in market value during each Plan Year attributable to such account.

  • However, if Participants are so empowered by the Administrator, each Participant may direct the Trustee to separate and keep separate all or a portion of his account; and further each Participant is authorized and empowered, in his sole and absolute discretion, to give directions to the Trustee pursuant to the procedure established by the Administrator and in such form as the Trustee may require concerning the investment of the Participant's Directed Investment Account.

  • A separate Directed Investment Account shall be established for each Participant who has directed an investment.

  • That portion of the interest of any Participant which is subject to investment direction of such Participant will be considered a Participant Directed Investment Account.

  • If elected in the Adoption Agreement, each Participant may direct the Trustee to separate and keep separate all or a portion of such Participant’s interest in the Plan; and further each Participant is authorized and empowered, in such Participant’s sole and absolute discretion, to give directions to the Trustee in such form as the Trustee may require concerning the investment of the Participant’s Directed Investment Account, which directions must be followed by the Trustee.

  • Transfers between the Participant's regular account and their Directed Investment Account shall be charged and credited as the case may be to each account.


More Definitions of Directed Investment Account

Directed Investment Account means the investment account of a Participant which he elects under the provisions of Section 3.4(c) and which is credited with the net gain (or loss) on his directed investments.
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