ERISA Fiduciary definition

ERISA Fiduciary as defined in ERISA Section 3(21);
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ERISA Fiduciary means a person described in Section 3(21) of ERISA that exercises control over an employee benefit plan subject to ERISA or the assets of such a plan or plans.
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ERISA Fiduciary means a person that:
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Examples of ERISA Fiduciary in a sentence

  • Muir, Fiduciary Status as an Employer’s Shield: The Perversity of ERISA Fiduciary Law, 2 U.

  • BTC Violated Its ERISA Fiduciary Duties to the Participants in Eachof the Employee Benefit Plans Invested in the BlackRock CTIs 725 a.

  • If the partnership does not divide the income evenly or has more than five partners, attach a schedule showing the distribution of income and exclusions.Exclude any portion of capital gains and losses occurring before the effective date of the ordinance, January 1, 1969.

  • See DOL's Meeting Your Fiduciary Responsibilities and ERISA Fiduciary Advisor for more information.

  • ERISA Fiduciary – anyone who exercises discretionary authority or control over an ERISA plan’s management or assets, including anyone who provides investment advice to or has responsibility for the administration of a plan.

  • Javier Simon, Redhawk Brings ERISA Fiduciary Services to IRA Space, PLAN ADVISER, June 21, 2017, http://bit.ly/2vanvx0.been serving as an ERISA investment fiduciary for so many years and now advisers can leverage this proven process for their individual IRA clients.”95 11.

  • See Robert Rachal et al., ERISA Fiduciary Duties Regarding 401(k) & ESOP Investments in Employer Stock 9 n.

  • Extended Reporting Coverage is available for ERISA Fiduciary Coverage.

  • Plaintiffs Have Failed to Allege Sufficient Facts to Show that PFS Functioned as an ERISA Fiduciary.

  • The Twombly Pleading Standard Should Be Applied to ERISA Fiduciary Breach Claims, Especially to Boilerplate Lawsuits Lawsuits alleging widespread fiduciary breaches in the administration of defined contribution plans are potentially complex and costly cases that justify careful scrutiny under the standards recently established by the Supreme Court in Bell Atlantic Corp.


More Definitions of ERISA Fiduciary

ERISA Fiduciary has the meaning set forth in ERISA Section 3(21).
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Related to ERISA Fiduciary

  • Plan Fiduciary As defined in Section 5.3(o).

  • Named Fiduciary means the Fiduciary or Fiduciaries named herein or in the Adoption Agreement who jointly or severally have the authority to control and manage the operation and administration of the Plan.

  • ERISA Plan means any employee pension benefit plan subject to Title IV of ERISA maintained by any ERISA Affiliate with respect to which any Restricted Person has a fixed or contingent liability.

  • ERISA means the Employee Retirement Income Security Act of 1974, as amended.

  • Independent Fiduciary means an independent fiduciary who will serve as a fiduciary to the Plan in accordance with Article 3 that has no relationship or interest in any of the Settling Parties and is mutually agreed to by the Settling Parties.

  • Controlled Group means all members of a controlled group of corporations and all trades or businesses (whether or not incorporated) under common control which, together with the Borrower, are treated as a single employer under Section 414 of the Code.

  • Multiemployer Plan means a multiemployer plan as defined in Section 4001(a)(3) of ERISA.

  • ERISA Affiliate Plan means each Employee Benefit Plan sponsored or maintained or required to be sponsored or maintained at any time by any ERISA Affiliate, or to which such ERISA Affiliate makes or has made, or has or has had an obligation to make, contributions at any time, or with respect to which such ERISA Affiliate has any liability or obligation.

  • ERISA Funding Rules the rules regarding minimum required contributions (including any installment payment thereof) to Pension Plans, as set forth in Section 412 of the Code and Section 302 of ERISA, with respect to Plan years ending prior to the effective date of the Pension Protection Act of 2006, and thereafter, as set forth in Sections 412, 430, 431, 432 and 436 of the Code and Sections 302, 303, 304 and 305 of ERISA.

  • ERISA Affiliate means any trade or business (whether or not incorporated) that, together with the Borrower, is treated as a single employer under Section 414(b) or (c) of the Code or, solely for purposes of Section 302 of ERISA and Section 412 of the Code, is treated as a single employer under Section 414 of the Code.

  • ERISA Plans shall have the meaning set forth in Section 3.12(a).

  • Company ERISA Affiliate means all employers (whether or not incorporated) that would be treated together with the Company or any of its Subsidiaries as a “single employer” within the meaning of Section 414 of the Code.

  • ERISA Affiliates means, with respect to any entity, trade or business, any other entity, trade or business that is a member of a group described in Section 414(b), (c), (m) or (o) of the Code or Section 4001(b)(1) of ERISA that includes the first entity, trade or business, or that is a member of the same “controlled group” as the first entity, trade or business pursuant to Section 4001(a)(14) of ERISA.

  • Multiemployer Pension Plan means a multiemployer plan, as defined in Section 4001(a)(3) of ERISA, to which Borrower or any member of the Controlled Group may have any liability.

  • Fiduciary has the meaning set forth in ERISA Section 3(21).

  • ERISA Group means the Borrower, any Subsidiary and all members of a controlled group of corporations and all trades or businesses (whether or not incorporated) under common control which, together with the Borrower or any Subsidiary, are treated as a single employer under Section 414 of the Internal Revenue Code.

  • Welfare Benefit Plan means each welfare benefit plan maintained or contributed to by the Company, including, but not limited to a plan that provides health (including medical and dental), life, accident or disability benefits or insurance, or similar coverage, in which Executive was participating at the time of the Change in Control.

  • Pension Benefit Plan means at any time any employee pension benefit plan (including a Multiple Employer Plan, but not a Multiemployer Plan) which is covered by Title IV of ERISA or is subject to the minimum funding standards under Section 412 of the Code and either (i) is maintained by any member of the Controlled Group for employees of any member of the Controlled Group; or (ii) has at any time within the preceding five years been maintained by any entity which was at such time a member of the Controlled Group for employees of any entity which was at such time a member of the Controlled Group.

  • Medical benefit plan means a plan established and maintained by a carrier, a voluntary employees' beneficiary association described in section 501(c)(9) of the internal revenue code of 1986, 26 USC 501, or by 1 or more public employers, that provides for the payment of medical benefits, including, but not limited to, hospital and physician services, prescription drugs, and related benefits, for public employees or elected public officials. Medical benefit plan does not include benefits provided to individuals retired from a public employer or a public employer's contributions to a fund used for the sole purpose of funding health care benefits that are available to a public employee or an elected public official only upon retirement or separation from service.

  • Plan Administrator means the plan administrator described in Article 8.

  • Administrative Committee means the committee in charge of Plan administration, as described in Article VII.

  • Reportable Event means any of the events set forth in Section 4043(c) of ERISA, other than events for which the 30 day notice period has been waived.

  • Title IV Plan means a pension plan subject to Title IV of ERISA, other than a Multiemployer Plan, to which any ERISA Affiliate incurs or otherwise has any obligation or liability, contingent or otherwise.

  • Benefit Plan means any of (a) an “employee benefit plan” (as defined in ERISA) that is subject to Title I of ERISA, (b) a “plan” as defined in and subject to Section 4975 of the Code or (c) any Person whose assets include (for purposes of ERISA Section 3(42) or otherwise for purposes of Title I of ERISA or Section 4975 of the Code) the assets of any such “employee benefit plan” or “plan”.

  • Employee Benefit Plans shall have the meaning set forth in Section 3.20(a).

  • Multi-employer Plan means a Plan that is a Multi-employer plan as defined in Section 4001(a)(3) of ERISA.