Examples of Qualified Default Investment Alternative in a sentence
Thus there is no dispute that the plaintiffs are in possession of the suit schedule land.
The Qualified Default Investment Alternative must be an investment product or fund described in Department of Labor Regulation Section 2550.404c–5(e)(4).
If an Eligible Participant does not direct the investment of the assets in his or her Account, including the Automatic Contributions and Match Contributions related thereto, then such assets will be invested in a Qualified Default Investment Alternative as provided for in Section 16.03.
Absent a Participant investment direction, all Contributions that are made by, or on behalf of, the Participant, shall be invested in the Qualified Default Investment Alternative for the Plan.
The Plan should ensure that Plan Participants are notified of the Board’s intention to comply with ERISA section 404(c).In addition to the foregoing, in the event that a Plan Participant fails to provide investment instructions regarding either his or her balance in or future contributions to the Plan, such balances and contributions shall invested in a Qualified Default Investment Alternative (QDIA).