Participant Accounts. Upon receipt of all necessary Participant data, demographic and other Participant enrollment data from Plan Sponsors and Participants, BOSTON FINANCIAL shall provide recordkeeping for each Participant account as set forth under the SIMPLE XXX Plan (“Account”). BOSTON FINANCIAL shall maintain individual Participant Accounts on its records on TRAC in the name of the custodian for the benefit of the individual Participants. The Accounts of Participants will be credited with shares of the Trust (“Shares”). BOSTON FINANCIAL will, pursuant to instructions from Participants, purchase the instructed number of Shares and hold such Shares in the appropriate Participant Account.
Participant Accounts. 8.4 The Administrative Agent shall maintain, or cause to be maintained, one or more separate accounts for each Participant. The Administrative Agent shall credit to the account of a Participant all Participant Contributions made by such Participant, all Employer Contributions awarded, and all Shares acquired under the Plan and shall deduct from such account all Shares sold or withdrawn by the Participant.
Participant Accounts. The Plan Administrator shall establish separate Distribution Accounts with respect to a Participant for each Distribution Option. A Participant’s Distribution Accounts shall consist of the Retirement Distribution Account and one or more In-Service Distribution Accounts. A Participant’s Distribution Accounts shall be maintained by the Plan Administrator in accordance with the terms of this Plan until all of the Deferred Compensation, Matching Deferred Compensation, and Nonelective Deferred Compensation, and investment return to which a Participant is entitled has been distributed to a Participant or his or her beneficiary in accordance with the terms of the Plan. A Participant shall be fully vested in his or her Distribution Accounts at all times.
Participant Accounts. The Employer shall maintain in an equitable manner a separate account for each Participant under the Plan (“Account”) in which it shall keep a record of the share of such Participant under the Plan in the Trust. The Employer may appoint a third-party administrator to assist the Trustee in maintaining such Accounts. A Participant’s Account under the Plan shall represent the portion of the Trust allocated to provide such Participant benefits under the Plan. If the Trustee is directed by the Employer to segregate the Trust into separate Accounts for each Participant, at the time it makes a contribution to the Trust, the Employer shall certify to the Trustee the amount of such contribution being made in respect of each Participant under each Plan. The Trustee may rely on information provided to the Trustee by the Employer or the Third-Party Administrator and the Trustee’s and Employer’s determination of Account values shall be conclusive and binding on all interested parties.
Participant Accounts. The Plan Administrator will establish and maintain a separate Account for each Participant to reflect the Participant’s entire interest under the Plan. To the extent applicable, the Plan Administrator may establish and maintain for a Participant any (or all) of the following separate sub-Accounts: Employer Contribution Account, Section 401(k) Deferral Account, Employer Matching Contribution Account, QMAC Account, QNEC Account, Employee After-Tax Contribution Account, Safe Harbor Matching Contribution Account, Safe Harbor Nonelective Contribution Account, Rollover Contribution Account, and Transfer Account. The Plan Administrator also may establish and maintain other sub-Accounts as it deems appropriate.
Participant Accounts. The Trustee shall maintain separate accounts for the benefit of each Participant which shall be credited with the Shares allocated to each such Participant and any additional property deposited and the earnings attributable thereto.
Participant Accounts. Upon receipt of all necessary Participant Data, demographic and other Participant enrollment data from Plan Sponsors or Participants, Boston Financial shall provide recordkeeping for each account as set forth under the Plan ("Account"). Boston Financial shall maintain individual Participant Accounts on its records on the DST TRAC System in the name of the trustee or custodian of the Plan, respectively, for the benefit of the individual Plan Participants. The Accounts of Participants will be credited with shares of investment companies registered under the Investment Company Act of 1940, amended from time to time, and/or such other investments as permitted by Pioneer's consent ("Shares"). Boston Financial will, pursuant to instructions from Plan Sponsors or Participants, purchase the instructed number of Shares and hold such Shares in the appropriate Participant Account.
Participant Accounts. The Plan Administrator (or its delegate) shall maintain a separate and distinct record of all income and losses of the Trust Fund attributable to each Participant's Account and any subaccounts that are maintained within such Account. For purposes of this section, the income or loss of the Trust Fund shall include any unrealized increase or decrease in the fair market value of the assets of the Trust Fund as determined by the Trustee under the terms of the Trust.
Participant Accounts. Each Participant shall be responsible for keeping separate financial accounts which shall record:
Participant Accounts. You may enroll your Participant Account in the Service if Digital Advisor has been made available by your Participant Account’s plan fiduciary. There is a $5 minimum Participant Account balance required to enroll in the Service. Eligible Participant Accounts may hold assets in investable cash alternatives or other securities. Your Participant Account may be un-enrolled from the Service if your plan fiduciary changes the core plan lineup and there are insufficient investment options for the Service to complete its recommended asset allocation or the plan fiduciary terminates the service. Additionally, Participant Accounts with self-directed brokerage accounts will be ineligible to enroll in the Service. Transfers of securities into enrolled Participant Accounts are subject to plan sponsor rules. Purchase and sale of securities in a Portfolio While enrolled, you are restricted from directing the purchase or sale securities in your Portfolio until you terminate the ongoing advised service. Transactions performed at your direction in a Portfolio enrolled in the ongoing advised service may be reversed or unwound by us in order to maintain the recommended allocation for your Portfolio.
