Recordkeeping services definition

Recordkeeping services means services provided by an insurer who has entered into an agreement with a group policy customer to be responsible for obtaining, maintaining, and administering in the insurer’s own recordkeeping systems at least all of the following information about each individual insured under the insured’s group insurance contract or a line of coverage thereunder:

Recordkeeping services means those circumstances under which the insurer has agreed with a group policy or contract customer to be responsible for obtaining, maintaining, and admin- istering in its own or its agents’ systems information about each individual insured under an insured’s group insurance contract, or a line of coverage thereunder, at least the following information:

Recordkeeping services. We generally provide Plan recordkeeping services when all of a Plan's funds are held under the Contract. We may decline to provide Plan recordkeeping services if the Contractholder elects to allocate Plan funds to investments other than the Contract, or if the Contractholder's Plan's recordkeeping practices, in our judgment, impose a substantial administrative or financial burden on us.

Examples of Recordkeeping services in a sentence

• Recordkeeping services for the Self-Directed Brokerage were provided by 12 13 Defendant SRPS to the Plan at all relevant times.

• Recordkeeping services, including processing transactions such as rollovers, are among the many services offered by 401(k) plan service providers.

• Recordkeeping services are performed through the TIAA home office.

• Recordkeeping services or brokerage services provided to a covered plan that is an individual account plan, as defined in section 3(34) of the Act, and that permits participants or beneficiaries to direct the investment of their accounts, if one or more designated investment alternatives will be made available (e.g., through a platform or similar mechanism) in connection with such recordkeeping services or brokerage services.

• Recordkeeping services for a qualified retirement plan, like the AW Plan, are essentially fixed and largely automated.

More Definitions of Recordkeeping services

Recordkeeping services means services provided

Recordkeeping services means those circumstances under

Recordkeeping services means services provided 2-7 by an insurer, under an agreement with a group policy or contract 2-8 holder, to obtain, maintain, and administer in the insurer ’s or the 2-9 insurer ’s agents ’ systems the following information about each 2-10 individual insured under the group policy or contract or a line of

Recordkeeping services. We generally provide Plan recordkeeping services when all of a Plan's funds are held under this contract. We decline to provide Plan recordkeeping services if you elect to allocate Plan funds to investments other than this contract, or if your Plan's recordkeeping practices, in our judgment, impose an administrative or financial burden on us. If we cease to provide Plan recordkeeping for any reason, we cease to maintain individual Participant Accounts under the contract and cease to provide quarterly statements of Account Value, and any administrative services agreement between you and us regarding your Plan and/or this contract is thereby terminated.

Recordkeeping services. We cease to maintain individual Participant Accounts under the contract if we cease to provide Plan recordkeeping services.

Recordkeeping services means the services provided by an insurance company under the terms of

Recordkeeping services means services provided by an insurer who has entered into an agreement with a group policy customer to be responsible for obtaining, maintaining, and