Common use of Allocation Report Clause in Contracts

Allocation Report. The Plan Administrator shall maintain records of the allocations and adjustments made to Accounts under this section 6 and shall at least annually prepare and forward to each such Participant and Beneficiary a statement which shows the new balance in such person's Account.

Appears in 3 contracts

Sources: Flexible Nonstandardized 401(k) Adoption Agreement (Oshkosh B Gosh Inc), Flexible Nonstandardized 401(k) Adoption Agreement (Oshkosh B Gosh Inc), 401(k) Adoption Agreement (Oshkosh B Gosh Inc)

Allocation Report. The Plan Administrator shall maintain records of the allocations and adjustments made to Accounts under this section 6 (S)6 and shall at least annually prepare and forward to each such Participant and Beneficiary a statement which shows the new balance in such person's Account.

Appears in 1 contract

Sources: Adoption Agreement (Community First Banking Co)