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

• Within two (2) business days after deposit into the Plan of the portion of the Net Settlement Amount attributable to Class Members with an Active Account (per Sections 6.2 and 6.3 of the Settlement Agreement), the Settlement Administrator shall forward to the Recordkeeper the information/data needed for allocating into each Class Member’s account under the Plan the Class Member’s Final Entitlement Amount.

• The Recordkeeper shall allocate to the Plan accounts of any individual Class Members with an Active Account any amounts payable to said individual Class Member 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 Benefits Office pursuant to the Plan of Allocation no later than the distribution of the Net Settlement Amount.

• Amounts deposited into a Class Member’s 401(k) Account shall be invested by the Recordkeeper pursuant to the Class Member’s investment elections on file for new contributions.

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 company designated by the Board of Trustees to perform recordkeeping, administrative, and investment services to the DC System.

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 a contracted third party administrator that the Plan contracts with and delegates certain administrative authority to establish and keep track of Participant Accounts, including contributions, withdrawals, balances, transactions (e.g. fund transfers), and other activities authorized by the Committee and Administrative Staff. Recordkeeper(s) serve at the pleasure of the Committee and under the day-to-day oversight and management of the Program’s Executive Officer who serves as the primary contact and support for the Committee, but is appointed by and serves at the pleasure of the Director of the State of Nevada Department of Administration.