GA Plan definition
Examples of GA Plan in a sentence
GA Plan shall be entitled to rely on statements from the participant regarding the existence and balances of loans from qualified plans and arrangements other than those of the Employer.
GA Plan is not responsible for preparing or filing any such informational returns.
If the claims, damages, losses, judgments and expenses, including but not limited to reasonable attorney fees, are the result of the negligence of both the Employer and GA Plan, the Employer and GA Plan shall be liable to the extent of degree of their respective negligence, as determined by mutual agreement of the Employer and GA Plan or, in the absence thereof, by adjudication of comparative negligence.
GA Plan shall assemble and provide to the Employer any tax information related to the Plan as the Employer may need to file an informational return for the Plan, or to respond to an audit request from the IRS or U.S. Department of Labor, within a reasonable time of the written request from the Employer that specifies the exact information needed.
GA Plan is not the administrator of the Plan, an investment manager of the Plan, or other discretionary fiduciary of the Plan.
The amount due and payable to GA Plan under this Agreement for services rendered up to the effective date of termination shall represent the complete and final payment, which is due.
To the extent that the Plan document restricts distributions, GA Plan shall review each other request for a distribution that is not a hardship distribution or distribution to a QDRO alternate payee.
GA Plan shall indemnify, defend and hold harmless the Employer from and against all claims, damages, losses, judgments and expenses, including but not limited to reasonable attorney fees, to the extent caused by GA Plan’s negligent performance of services under this Agreement.
The Employer hereby appoints GA Plan or its affiliates as its agent for purposes of accessing such information.
GA Plan shall treat as confidential all business information obtained or generated in the performance of services under this Agreement.