Separate Accounting for Xxxx 401(k) Accounts and Xxxx 401(k) Rollover Accounts Sample Clauses

Separate Accounting for Xxxx 401(k) Accounts and Xxxx 401(k) Rollover Accounts. Notwithstanding anything in the Plan to the contrary, a Participant’s Xxxx 401(k) Contributions (including Catch-up Contributions made as Xxxx 401(k) Contributions pursuant to Section 3.01(d)) and withdrawals of Xxxx 401(k) Contributions shall be credited and debited to the Participant’s Xxxx 401(k) Account and, if applicable, the Participant’s Xxxx 401(k) Catch-up Contribution Account, and the Plan shall maintain a record of the Participant’s investment in the contract (i.e., Xxxx 401(k) Contributions that have not been distributed) with respect to the Participant’s Xxxx 401(k) Account and, if applicable, the Participant’s Xxxx 401(k) Catch-up Contribution Account. In addition, gains, losses, and other credits or charges must be separately allocated on a reasonable and consistent basis to the Xxxx 401(k) Account and, if applicable, the Xxxx 401(k) Catch-up Contribution Account, and other accounts under the Plan. However, forfeitures may not be allocated to the Xxxx 401(k) Account or to the Xxxx 401(k) Catch-up Contribution Account and no contributions (including, without limitation, Matching Contributions) other than Xxxx 401(k) Contributions may be allocated to the Xxxx 401(k) Account or, if applicable, to the Xxxx 401(k) Catch-up Contribution Account. No rollover contributions, other than Xxxx 401(k) Rollover Contributions, may be allocated to the Xxxx 401(k) Rollover Account. This separate accounting requirement shall apply at the time the Xxxx 401(k) Contribution is contributed to the Plan and shall continue to apply until the Xxxx 401(k) Account, Xxxx 401(k) Catch-up Contribution Account, and Xxxx 401(k) Rollover Account are completely distributed.
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Related to Separate Accounting for Xxxx 401(k) Accounts and Xxxx 401(k) Rollover Accounts

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