Defined Contribution Plan. A plan under which Employee accounts are maintained for each Participant to which all contributions, forfeitures, investment income and gains or losses, and expenses are credited or deducted. A Participant’s benefit under such plan is based solely on the fair market value of his or her account balance.
Appears in 8 contracts
Samples: Prototype Defined Contribution Plan (Athens Bancshares Corp), Prototype Defined Contribution Plan (Fraternity Community Bancorp Inc), Prototype Defined Contribution Plan (United Community Bancorp)
Defined Contribution Plan. A plan under which Employee accounts are maintained for each Participant to which all contributions, forfeitures, investment income and gains or losses, and expenses are credited or deducted. A Participant’s 's benefit under such plan is based solely on the fair market value of his or her account balance.
Appears in 6 contracts
Samples: Prototype Defined Contribution Plan, Prototype Defined Contribution Plan, Prototype Defined Contribution Plan (Savannah Bancorp Inc)
Defined Contribution Plan. A plan under which Employee accounts are maintained that provides for individual Accounts for each Participant to which all contributions, forfeitures, investment income income, expenses, gains and gains or losses, and expenses losses under the Plan are credited or deducted. A Participant’s benefit under such plan a Defined Contribution Plan is based solely on the fair market value of his or his/her account balancevested Account Balance.
Appears in 3 contracts
Samples: Prudential Retirement Services (National Penn Bancshares Inc), Plan and Trust Agreement (Mercantile Bancorp, Inc.), www.placer.ca.gov
Defined Contribution Plan. A plan under which Employee accounts are maintained that provides for individual Accounts for each Participant to which all contributions, forfeitures, investment income income, expenses, gains and gains or losses, and expenses losses under the Plan are credited or deducted. A Participant’s 's benefit under such plan a Defined Contribution Plan is based solely on the fair market value of his or his/her account balancevested Account Balance.
Appears in 1 contract
Samples: Capital Corp of the West
Defined Contribution Plan. A plan under which Employee accounts are maintained for each Participant to which all contributions, forfeitures, investment income and gains or losses, and expenses are credited or deducted. A Participant’s benefit under such plan is based solely on the fair market value of his or her account balance.. Cycle D EGTRRA 401(k) IDP BPD
Appears in 1 contract
