Recordkeeping Account definition

Recordkeeping Account means the account maintained in the books and records of the Company recording the amount withheld from each Participant through payroll deductions made under the Plan.
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Recordkeeping Account means the account maintained in the books and records of the Company recording the amount contributed to the Plan by each Participant through payroll deductions.
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Recordkeeping Account means an individual account or the aggregate of all individual accounts tracking your obligation to Participants under the Plan.
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More Definitions of Recordkeeping Account

Recordkeeping Account means the account maintained in the books and records of ADM (or its agent) recording the amount contributed to the Plan by each Participant through payroll deductions.
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Related to Recordkeeping Account

  • Recordkeeper means the entity that maintains electronic records of the Plan’s participants and their individual accounts.

  • Separate Accounts means the accounts which are to be prepared for each

  • AAVS Account means the account to which your Automatic Add Value Service is linked, as defined or specified in the relevant Application Form or such other account as notified to us by the Financial Institution or by the AAVS Account Holder from time to time;

  • Administration Account As defined in Section 7.02.

  • In-Service Account means a separate account to be kept for each Participant that has elected to take in-service distributions as described in Section 5.4. The In-Service Account shall be adjusted in the same manner and at the same time as the Deferred Compensation Account under Section 8 and in accordance with the rules and elections in effect under Section 8.