Plan Sponsor definition

Plan Sponsor has the meaning given in ERISA Section 3(16)(B).

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Plan Sponsor means an employer, trustee, trade union or association or a combination of them that establishes a capital accumulation plan, and includes a plan service provider to the extent that the plan sponsor has delegated its responsibilities to the plan service provider; and

Plan Sponsor means the entity identified in Section 1.03 of the Adoption Agreement or any successor by merger, consolidation or otherwise.

Examples of Plan Sponsor in a sentence

• The Plan Sponsor ☒ Reserves ☐ Does Not Reserves the right to terminate the Plan and distribute all vested amounts credited to Participant Accounts upon a Change in Control as described in Section 9.7.

• The Plan Sponsor has designated the following party or parties to be responsible for the administration of the Plan: Name: Onto Innovation, Inc.

• The Plan Sponsor, by completing this Adoption Agreement has made the specific choices regarding plan design as set forth in the Adoption Agreement together with the detailed additional provisions set out in the Basic Plan Document.

• Original Effective Date: [month, day, year] Pre-409A Grandfathering: ☐ Yes ☐ No By executing this Adoption Agreement, the Plan Sponsor (as defined below) has adopted the Plan (as defined below) consisting of the Basic Plan Document along with this Adoption Agreement (and any exhibits or schedules attached hereto).

More Definitions of Plan Sponsor

Plan Sponsor has the meaning assigned to the term “plan sponsor” in Section 3(16)(B) of ERISA.

Plan Sponsor means the employers, insurance companies,

Plan Sponsor means the employer, association or other organization sponsoring this Group Retirement Savings Plan, and as applicable, includes any other employers authorized to participate in the Plan.

Plan Sponsor means the Employer.

Plan Sponsor means the State of Nevada. The HIPAA regulations incorporate the ERISA definition of “Plan Sponsor,” which generally means the employer that establishes or maintains the employee benefit Plan.

Plan Sponsor means the person or entity: (i) receiving the services of the Participant; and (ii) all persons with whom such person or entity would be considered a single employer under the parent-subsidiary rules of Code §414(b) or §414(c).

Plan Sponsor means any of the following: