Common use of OF ACCOUNTS Clause in Contracts

OF ACCOUNTS. 3.8.1 An Elective Deferrals Account shall be established for each Eligible Participant who makes a 401(k) Election to which the Administrator shall credit, or cause to be credited, Elective Deferrals allocable to each such Participant, plus earnings or losses thereon.

Appears in 5 contracts

Sources: Defined Contribution Plan (White Mountains Insurance Group Inc), Defined Contribution Plan (Innerdyne Inc), 401(k) Plan Adoption Agreement (Gadzooks Inc)

OF ACCOUNTS. 3.8.1 An Elective Deferrals Account shall be established for each Eligible Participant who makes a 401(k) Election to which the Administrator shall credit, or cause to be credited, Elective Deferrals allocable to each such Participant, plus earnings or losses thereon.

Appears in 2 contracts

Sources: Prototype Defined Contribution Plan Adoption Agreement (Tca Cable Tv Inc), Prototype Defined Contribution Plan Adoption Agreement (Labor Ready Inc)