Benefit Administrator definition

Benefit Administrator means the service provider to the Plan that is responsible for maintaining the records of the Participants’ Accounts and determining benefits under the Plan, and for performing certain other benefit administration and communications functions, in accordance with such contractual agreements and direction letters as may exist from time to time between such service provider and the Plan Administrator or Sponsor. The Benefit Administrator is sometimes referred to as the “Record Keeper” in certain documents such as the trust agreement with the Trustee. As of the Restatement Effective Date, the Benefit Administrator is Teachers Insurance and Annuity Association of America.
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Benefit Administrator means the entity designated under Section 8.2 to be responsible for the administration of some or all of the benefits under the Plan.
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Benefit Administrator means Delta Health Systems.
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Examples of Benefit Administrator in a sentence

  • Such a statement shall be considered to reflect accurately the status of an Account for all purposes under the Plan, unless the Participating Employee or Inactive Participant reports a discrepancy to the Benefit Administrator within 30 days after receipt of the statement.

  • The Benefit Administrator is the contractual service provider to the Plan appointed by the Plan Administration Committee to assist the Plan Administration Committee in the administration of the Plan as provided in this Article VIII and the Plan Administration Committee in the designation of the investment options as provided in Article VII.

  • The Benefit Administrator shall perform such services in accordance with the terms of its contractual agreement(s) with the Plan Administration Committee and/or the Plan Administration Committee.

  • Each Participant may designate, upon forms to be furnished by and filed with the Company or the Benefit Administrator, one or more primary Beneficiaries or alternative Beneficiaries to receive all or a specified portion of any benefits which may be payable with respect to the Participant under the Plan in the event of such Participant’s death.

  • However, the Plan Administration Committee may delegate and allocate responsibilities for the administration of the Plan and may delegate specified administrative functions, discretion or authority as it deems appropriate, by written contract, direction letter or written instrument of delegation to the Benefit Administrator, trustee, a third-party special-purpose Administrator, legal counsel, a professional consultant or advisor, or to designated employees of the Company.

  • The Benefit Administrator shall perform such services in accordance with the terms of the Plan and any policies established by the Plan Administration Committee and the Plan Investment Committee.

  • A Participant may modify any such deduction percentage or Deferral Percentage by designating the new deduction percentage or Deferral Percentage in the manner specified by the Benefit Administrator, and the modification shall be effective as of the first payroll period following receipt of such designation, or as soon thereafter as administratively feasible.

  • Section 2.2 of the Plan is amended in its entirety effective as of January 1, 1993, to read as follows: 2.2 Entry Date: Any eligible Employee shall enter the Plan as soon as administratively feasible following the receipt by the Benefit Administrator of the Application for Participation and, if 401(k) Basic Deposits and/or 401(k) Additional Deposits are to be made, a Compensation Reduction and Deferral Agreement.

  • Such percentage may be so reduced by the Plan Benefits Administrator before it becomes effective, and may also be so reduced at any time by the Plan Benefit Administrator without prior notice, including the recharacterization of Before-Tax or Roth 401(k) Deposit percentages to After-Tax Deposit percentages prior to the close of the Plan Year in which the limitation was exceeded.

  • The Benefit Administrator is the contractual service provider to the Plan appointed by the Plan Administration Committee to assist the Plan Administration Committee in the administration of the Plan as provided in this Article 11 and the Plan Investment Committee in the designation of the Measurement Funds as provided in Article 5.


More Definitions of Benefit Administrator

Benefit Administrator means the service provider to the Plan that is responsible for
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Benefit Administrator means Specialty Care Management, LLC.
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Benefit Administrator means the persons or entities designated by the Employer in Exhibit E to this Agreement. The Employer may at any time change the designation upon written notice to the Trustee.
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Benefit Administrator means Herminix (Pty) Ltd Registration number 2012/191099/07, Address is 12 Natalie Avenue, Murrayfield, Pretoria, 0184 and postal address is PO Box 496, La Montagne, Pretoria, 0184, a registered company according to the laws of the Republic of South Africa. Office number 012 111 0247 / 012 803 6533
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Benefit Administrator means the contractual service provider to the Plan, with the duties and responsibilities stated in contractual agreements with the Plan Administration Committee.
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Related to Benefit Administrator

  • XXXXX Administrator means the Bank of England (or any successor administrator of the Sterling Overnight Index Average).

  • Property Administrator means an authorized representative of the Contracting Officer appointed in accordance with agency procedures, responsible for administering the contract requirements and obligations relating to Government property in the possession of a Contractor.

  • District administrator means the department employee assigned the overall supervision of the departmental operations in one of the Commonwealth's construction districts.

  • Zoning Administrator means the administrator of these rules who is appointed by the natural resources commission.

  • SOFR Administrator means the Federal Reserve Bank of New York (or a successor administrator of the secured overnight financing rate).

  • Account Administrator means the person(s) who have been granted authority by Customer to set up, amend, or otherwise control settings and/or make additional purchases for the Account via the Administrative Portal. Account Administrators may have varying levels of Account rights, skills, or permissions.

  • CFD Administrator means an official of the City, or designee thereof, responsible for determining the Special Tax Requirement and providing for the levy and collection of the Special Taxes.

  • Contract Administrator means the person authorized to represent the City in respect of the Contract and is identified at the time of award of the Contract;

  • Beginning administrator means a building level or district level leader who has not completed three (3) years of experience as a building level or district level administrator.

  • Assistant Administrator ’ means the Assistant Ad-

  • Settlement Administrator means the administrator proposed by the Parties and appointed by the Court to administer the Settlement.

  • Compact administrator means: the individual in each compacting state appointed pursuant to the terms of this compact, responsible for the administration and management of the state's supervision and transfer of juveniles subject to the terms of this compact, the rules adopted by the Interstate Commission and policies adopted by the State Council under this compact.

  • Tax Administrator means the individual charged with direct responsibility for administration of an income tax levied by a municipal corporation in accordance with this chapter, and also includes the following:

  • SARON Administrator means the SIX Swiss Exchange AG (or any successor administrator of the Swiss Average Rate Overnight).

  • Program Administrator means the person retained by the Wisconsin PACE Commission as provided in subsection (5)(b).

  • Deputy compact administrator means: the individual, if any, in each compacting state appointed to act on behalf of a Compact Administrator pursuant to the terms of this compact responsible for the administration and management of the state's supervision and transfer of juveniles subject to the terms of this compact, the rules adopted by the Interstate Commission and policies adopted by the State Council under this compact.

  • Third Party Administrator (TPA means any organization or institution that is licensed by the IRDA as a TPA and is engaged by the Company for a fee or remuneration for providing Policy and claims facilitation services to the Insured / Insured Person as well as to the Company for an insurable event.

  • School administrator means a superintendent, principal or his/her designee assistant principal//technical center director or his/her designee and/or the District’s Equity Coordinator.

  • Term SOFR Administrator means CME Group Benchmark Administration Limited (CBA) (or a successor administrator of the Term SOFR Reference Rate selected by the Administrative Agent in its reasonable discretion).

  • Benchmark Administrator means, initially, the SOFR Administrator, or any successor administrator of the then-current Benchmark or any insolvency or resolution official with authority over such administrator.

  • Third party administrator means an administrator operating under a certificate of authority issued by the commissioner pursuant to the third party administrator act.

  • County Administrator means the Greenville County Administrator, or the person holding any successor office of the County.

  • CME Term SOFR Administrator means CME Group Benchmark Administration Limited as administrator of the forward-looking term Secured Overnight Financing Rate (SOFR) (or a successor administrator).

  • City Administrator means the City Administrator of the City.

  • Pharmacy benefit manager means a person, business or other