4% Account Balance definition
4% Account Balance means, as of any point in time prior to January 1, 2003, the Class Member’s total Account Balance as of that point in time as maintained in the Plan’s administrative records. As of any January 1st after January 1, 2003, the 4% Account Balance means the 4% account balance as of the prior January 1 times 1.04 and increased by the Contribution for the prior plan year.