DIRECTED INVESTMENT ACCOUNTS. Subject to any rules or procedures that may be established by the Administrator under paragraph (f) below, the Trustee may permit Participants to direct the investment of one or more of their accounts, and subject to any such rules or procedures, investment directives will be given in accordance with the following provisions:
DIRECTED INVESTMENT ACCOUNTS. Pursuant to any rules or procedures promulgated under Section 8.6 by the Administrator, Participants can direct the investment of a portion of (or all of) one or more of their accounts (hereafter called Directed Investment Accounts) established under the terms of the Plan. Investment directives will only be given in accordance with an administrative policy regarding Directed Investment Accounts that is promulgated under Section 8.6 by the Administrator. With respect to any Participant who fails to exercise the right to direct the investment of his or her Directed Investment Accounts, such Directed Investment Accounts will be invested by the Trustee at the direction of the Administrator in a “default investment” which has been selected by the Administrator and which is expected to produce a favorable rate of return and that minimizes the overall risk of losing money. With respect to Directed Investment Accounts, fiduciaries will only be protected by ERISA §404(c) for a Plan Year if all of the requirements of ERISA §404(c) and the Department of Labor Regulations promulgated thereunder are complied with on each day of the Plan Year. DC Basic Plan #01 Page 114 of 126 July 2008
DIRECTED INVESTMENT ACCOUNTS. (Plan Section 4.10) a. [ ] Participant directed investments are not permitted. b. [X] Participant directed investments are permitted for the following accounts (select all that apply): 1. [X] All accounts. 2. [ ] Participant's Elective Deferral Account. 3. [ ] Qualified Matching Contribution Account and/or portion of Participant's Account attributable to Employer matching contributions. 4. [ ] Participant's Profit Sharing Account. 5. [ ] Qualified Non-Elective Contribution Account. 6. [ ] Participant's Rollover Account. 7. [ ] Participant's Transfer Account. 8. [ ] Participant's Voluntary Contribution Account. 9. [ ] Other:
DIRECTED INVESTMENT ACCOUNTS. 15 Section 6.6.
DIRECTED INVESTMENT ACCOUNTS. (Plan Section 4.10) a. Does the Plan intend to comply with Act Section 404(c)?
DIRECTED INVESTMENT ACCOUNTS. (Plan Section 4.10)
DIRECTED INVESTMENT ACCOUNTS. (a) The Company may establish separate investment funds in which the assets of the Trust will be held. Upon such establishment, the Trustee shall, if the Plan Administrator so directs, and in accordance with the Trust Agreement, permit the Participants to direct the Trustee as to the investment of all or a portion of their Accrued Benefit. If such authorization is given by the Plan Administrator, Participants may, subject to a procedure established and applied in a uniform and nondiscri- minatory manner, direct the Trustee to invest their Accrued Benefit in a specific investment fund or funds. To the extent so directed, and as permitted by law, the Trustee and the Plan Administrator shall be relieved of their fiduciary responsibilities under Section 404 of ERISA. That portion of the accounts of any Participant so directed will thereupon be considered a "Directed Investment Account," which shall not share in Trust Fund earnings nor be taken into consideration for purposes of Section 6.1. In lieu thereof, the Trustee shall, following the end of each Valuation Date, value all assets of the Trust Fund, allocate net gains or losses, and process additions to and withdrawals from Participants' accounts in the following manner:
