Arkansas 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
• 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 Arkansas Polaris 401(k) Retirement Savings Plan Trust Agreement is a crucial legal document between Polaris Industries, Inc. and Fidelity Management Trust Co. It establishes the trust that oversees the retirement savings plan for employees of Polaris Industries, Inc. The trust agreement outlines the rules, obligations, and responsibilities of both parties involved in managing the plan. One of the key aspects of the Arkansas Polaris 401(k) Retirement Savings Plan Trust Agreement is the creation and establishment of the trust itself. The agreement highlights the terms under which the trust is formed and designates Fidelity Management Trust Co. as the trust's fiduciary and custodian. This trust ensures that the retirement savings of Polaris Industries, Inc. employees are properly managed and safeguarded. The Arkansas Polaris 401(k) Retirement Savings Plan Trust Agreement also includes provisions related to contributions, investment options, and distribution of funds. It outlines how employee contributions will be made, the options available for investment, and the guidelines for distributing funds upon retirement or other eligible events. The agreement also covers the rights and responsibilities of participants in the trust, such as access to account information and the ability to make investment choices. It is worth noting that there may be variations or different types of Arkansas Polaris 401(k) Retirement Savings Plan Trust Agreements between Polaris Industries, Inc. and Fidelity Management Trust Co. that pertain to specific employee groups or plan structures. These variations could include plan-specific terms, eligibility criteria, vesting schedules, or other provisions customized for certain subsets of employees. In conclusion, the Arkansas Polaris 401(k) Retirement Savings Plan Trust Agreement between Polaris Industries, Inc. and Fidelity Management Trust Co. establishes the trust that governs the retirement savings plan for employees. It encompasses the formation of the trust, contributions, investment options, and distribution rules. While there may be different types of trust agreements depending on specific plan characteristics, they all serve the purpose of securing a prosperous retirement for employees.

The Arkansas Polaris 401(k) Retirement Savings Plan Trust Agreement is a crucial legal document between Polaris Industries, Inc. and Fidelity Management Trust Co. It establishes the trust that oversees the retirement savings plan for employees of Polaris Industries, Inc. The trust agreement outlines the rules, obligations, and responsibilities of both parties involved in managing the plan. One of the key aspects of the Arkansas Polaris 401(k) Retirement Savings Plan Trust Agreement is the creation and establishment of the trust itself. The agreement highlights the terms under which the trust is formed and designates Fidelity Management Trust Co. as the trust's fiduciary and custodian. This trust ensures that the retirement savings of Polaris Industries, Inc. employees are properly managed and safeguarded. The Arkansas Polaris 401(k) Retirement Savings Plan Trust Agreement also includes provisions related to contributions, investment options, and distribution of funds. It outlines how employee contributions will be made, the options available for investment, and the guidelines for distributing funds upon retirement or other eligible events. The agreement also covers the rights and responsibilities of participants in the trust, such as access to account information and the ability to make investment choices. It is worth noting that there may be variations or different types of Arkansas Polaris 401(k) Retirement Savings Plan Trust Agreements between Polaris Industries, Inc. and Fidelity Management Trust Co. that pertain to specific employee groups or plan structures. These variations could include plan-specific terms, eligibility criteria, vesting schedules, or other provisions customized for certain subsets of employees. In conclusion, the Arkansas Polaris 401(k) Retirement Savings Plan Trust Agreement between Polaris Industries, Inc. and Fidelity Management Trust Co. establishes the trust that governs the retirement savings plan for employees. It encompasses the formation of the trust, contributions, investment options, and distribution rules. While there may be different types of trust agreements depending on specific plan characteristics, they all serve the purpose of securing a prosperous retirement for employees.