Tarrant Texas Polaris 401(k) Retirement Savings Plan Trust Agreement between Polaris Industries, Inc. and Fidelity Management Trust Co. regarding establishment of trust

• Category: Corporations - Public - Agreements - Trusts
• State: Multi-State
• County: Tarrant
• Control #: US-EG-9323
• Format: Word; Rich Text

Description

Polaris 401(k) Retirement Savings Plan Trust Agreement between Polaris Industries, Inc. and Fidelity Management Trust Company regarding the establishment of a trust to hold and invest Plan assets under the Plan for the exclusive benefit of participants The Tarrant Texas Polaris 401(k) Retirement Savings Plan Trust Agreement is a legal document that establishes a trust arrangement between Polaris Industries, Inc. and Fidelity Management Trust Co. This agreement outlines the terms and conditions under which the retirement savings plan will be managed and administered. Keywords: Tarrant Texas, Polaris 401(k) Retirement Savings Plan, Trust Agreement, Polaris Industries, Fidelity Management Trust Co., establishment of trust. The Tarrant Texas Polaris 401(k) Retirement Savings Plan Trust Agreement serves as a crucial framework for the establishment and operation of the retirement savings plan. This document outlines the roles, responsibilities, and obligations of both Polaris Industries, Inc. and Fidelity Management Trust Co. involved in managing and supervising the plan. This trust agreement sets out the specific terms of the plan, including the contributions made by employees and Polaris Industries, Inc., the investment options available, the borrowing provisions if applicable, and the procedures for distributing the plan's assets upon retirement or termination. It also covers the governance of the plan, including the appointment of trustees, their powers, and their fiduciary responsibilities. The agreement may establish an investment committee responsible for overseeing the investment options and ensuring compliance with applicable laws and regulations. Different types of Tarrant Texas Polaris 401(k) Retirement Savings Plan Trust Agreement between Polaris Industries, Inc. and Fidelity Management Trust Co. may include variations or amendments specific to certain groups or sub-plans within the overall retirement savings plan. These may include provisions tailored for different employee categories, such as executives or union members, or provisions that accommodate unique circumstances, such as phased retirement or rollover options. It is essential that the trust agreement is drafted in compliance with relevant federal and state laws, including the Employee Retirement Income Security Act (ERICA), to ensure the proper protection of plan participants' interests and to maintain the plan's tax-qualified status. In conclusion, the Tarrant Texas Polaris 401(k) Retirement Savings Plan Trust Agreement between Polaris Industries, Inc. and Fidelity Management Trust Co. is a comprehensive legal document that establishes the structure, framework, and governance of the retirement savings plan. It ensures that the plan operates in accordance with legal requirements and provides participants with a secure and well-managed vehicle for saving towards their retirement goals.

The Tarrant Texas Polaris 401(k) Retirement Savings Plan Trust Agreement is a legal document that establishes a trust arrangement between Polaris Industries, Inc. and Fidelity Management Trust Co. This agreement outlines the terms and conditions under which the retirement savings plan will be managed and administered. Keywords: Tarrant Texas, Polaris 401(k) Retirement Savings Plan, Trust Agreement, Polaris Industries, Fidelity Management Trust Co., establishment of trust. The Tarrant Texas Polaris 401(k) Retirement Savings Plan Trust Agreement serves as a crucial framework for the establishment and operation of the retirement savings plan. This document outlines the roles, responsibilities, and obligations of both Polaris Industries, Inc. and Fidelity Management Trust Co. involved in managing and supervising the plan. This trust agreement sets out the specific terms of the plan, including the contributions made by employees and Polaris Industries, Inc., the investment options available, the borrowing provisions if applicable, and the procedures for distributing the plan's assets upon retirement or termination. It also covers the governance of the plan, including the appointment of trustees, their powers, and their fiduciary responsibilities. The agreement may establish an investment committee responsible for overseeing the investment options and ensuring compliance with applicable laws and regulations. Different types of Tarrant Texas Polaris 401(k) Retirement Savings Plan Trust Agreement between Polaris Industries, Inc. and Fidelity Management Trust Co. may include variations or amendments specific to certain groups or sub-plans within the overall retirement savings plan. These may include provisions tailored for different employee categories, such as executives or union members, or provisions that accommodate unique circumstances, such as phased retirement or rollover options. It is essential that the trust agreement is drafted in compliance with relevant federal and state laws, including the Employee Retirement Income Security Act (ERICA), to ensure the proper protection of plan participants' interests and to maintain the plan's tax-qualified status. In conclusion, the Tarrant Texas Polaris 401(k) Retirement Savings Plan Trust Agreement between Polaris Industries, Inc. and Fidelity Management Trust Co. is a comprehensive legal document that establishes the structure, framework, and governance of the retirement savings plan. It ensures that the plan operates in accordance with legal requirements and provides participants with a secure and well-managed vehicle for saving towards their retirement goals.