Recordkeeper definition

Recordkeeper means the entity that maintains electronic records of the Plan’s participants and their individual accounts.
Recordkeeper means a “financial intermediary” as defined in Rule 22c-2 of the Investment Company Act.
Recordkeeper means the individual or entity appointed by the FPPA or Board to perform third-party service and administrative functions.

Examples of Recordkeeper in a sentence

  • The actual and reasonable expenses of any third party, including the Plan’s Recordkeeper, that are necessary to perform such work shall be Administrative Expenses to be deducted from the Gross Settlement Amount.

  • Should staff begin the RFP process for Plan Consultant prior to the expiration of Agreement #11-371, and a new vendor was selected to replace HPA, HPA would essentially be removed as Plan Consultant prior to the end of the process to find the Plan Record-keeper.

  • Defendants (or their designee) shall direct the Plan’s Recordkeeper to credit the individual Active Account(s) of each such person in the amount stated on the spreadsheet provided by the Settlement Administrator in relation to each such person.

  • This change could have a disruptive effect on the Plan Record-keeper RFP process.

  • The Recordkeeper or Authorized Administrator shall allocate to the Plan accounts of Class Members who have Active Accounts any Net Settlement Amount as calculated by the Settlement Administrator according to the Plan of Allocation, documentation of which Class Counsel shall direct the Settlement Administrator to provide to the Authorized Administrator pursuant to the Plan of Allocation no later than the distribution of the Net Settlement Amount.


More Definitions of Recordkeeper

Recordkeeper means the individual or entity responsible for keeping records of Plan activity including the tracking of Participant Deferred Compensation Account balances. As to applicable tax and regulatory rules, the actions of the Recordkeeper are limited to executing the decisions and directions of the Committee. The Recordkeeper does not make plan administration decisions.
Recordkeeper means the company designated by the Board to perform recordkeeping, administrative, and/or investment services to the Plan.
Recordkeeper means the third party administrator that maintains records for the Plan.
Recordkeeper means Computershare, or its successor, or such replacement recordkeeper as may be appointed or contracted to assist with the recordkeeping and administration of this Plan.
Recordkeeper means the recordkeeper of the Trust appointed by the Administrator to keep track of the owners of Participating Preferred Trust Units and process purchase and redemption orders, the recordkeeper being Investment Administration Solutions Inc.
Recordkeeper means the company designated by the Board of Trustees to perform recordkeeping, administrative, and investment services to the DC System.
Recordkeeper means the Person appointed by the Members, pursuant to Section 3.11, to keep the books and records of the Company and to perform the other duties specified in this Operating Agreement as duties of the Recordkeeper.