QDIA Sample Clauses
QDIA. If the Plan has an Eligible Automatic Contribution Arrangement as described in Code §414(w)(3), then Section 2.11 of the Amendment regarding QDIAs is adopted effective as of the effective date of the Eligible Automatic Contribution Arrangement (unless an earlier effective date is indicated in the next sentence). Otherwise, Section 2.11 of the Amendment regarding QDIAs is adopted effective .
QDIA. The term “QDIA” means the definition of Section 2.11 of this Amendment.
QDIA. The term “QDIA” means a qualified default investment alternative as described in Department of Labor Regulation § 2550.404c–5, which is an investment alternative available to Participants and Beneficiaries, subject to the following rules:
QDIA. Plan will include a qualified default investment alternative.
QDIA. (Qualified Default Investment Alternatives)
a. No
b. Yes (leave c. - i. blank if these will be completed in participant notices at a later time) The basic QDIA(s) are: (select c. or d.)
QDIA. If (1) a Participant or Beneficiary has the opportunity to direct the investment of the assets in his or her Elective Deferral Account (and/or any other assets in the Participant’s Account (or any sub-account) that the Participant or Beneficiary can direct the investment); (2) any Participant or Beneficiary does not direct the investment of the assets described in clause (1); and (3) the Sponsoring Employer elects in the Election Form that the provisions of Section 2.11 (QDIA) apply to the Plan, then the assets described in clause (1) will be invested in a QDIA pursuant to Section 2.11 of this Amendment.
QDIA. Redhawk will provide the Plan Sponsor a suggested investment fund product sponsored by a third party meeting the definition of a “qualified default investment alternative” in Section 2550.404c-5(e)(3) of the DOL regulations, which will be designated by Plan Sponsor as the Plan’s default investment for Participants.