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 Illinois Polaris 401(k) Retirement Savings Plan Trust Agreement is a legally binding agreement between Polaris Industries, Inc. and Fidelity Management Trust Co. This agreement establishes a trust for the purpose of overseeing the funds associated with Polaris Industries' 401(k) retirement savings plan for employees in the state of Illinois. The trust agreement outlines the terms and conditions under which the trust will operate, ensuring that the assets of the retirement plan are managed and protected in accordance with the applicable laws and regulations. The Illinois Polaris 401(k) Retirement Savings Plan Trust Agreement provides a framework for the establishment and administration of the trust. It outlines the roles and responsibilities of both Polaris Industries, Inc. and Fidelity Management Trust Co. in managing the plan's funds. The agreement includes provisions such as the appointment of trustees, the investment and distribution of assets, the calculation and remittance of contributions, and the provision of participant benefits. Keywords: Illinois Polaris 401(k) Retirement Savings Plan Trust Agreement, Polaris Industries, Inc., Fidelity Management Trust Co., establishment of trust, retirement savings plan, assets, trustees, investment, distribution, contributions, participant benefits. In addition to the main Illinois Polaris 401(k) Retirement Savings Plan Trust Agreement, there may be variations or additional agreements that fall under the same umbrella, such as: 1. Illinois Polaris 401(k) Retirement Savings Plan Trust Amendment Agreement: This agreement is designed to modify or amend certain provisions of the original trust agreement. It may address changes in the plan's investment options, contribution limits, or other terms and conditions. 2. Illinois Polaris 401(k) Retirement Savings Plan Trust Termination Agreement: If Polaris Industries, Inc. decides to terminate the retirement plan, a termination agreement may be drafted to outline the procedures and obligations regarding the distribution of remaining assets to participants. 3. Illinois Polaris 401(k) Retirement Savings Plan Trust Investment Management Agreement: This agreement specifically addresses the management of the plan's investments. It establishes guidelines and expectations for investment strategies, risk management, and reporting requirements between the plan sponsor (Polaris Industries, Inc.) and the investment manager (Fidelity Management Trust Co.). 4. Illinois Polaris 401(k) Retirement Savings Plan Trust Service Provider Agreement: This agreement outlines the services to be provided by Fidelity Management Trust Co., such as record-keeping, administrative support, and communication with plan participants. It sets forth the responsibilities and compensation arrangements between the two parties. These additional agreements, when applicable, further clarify and support the establishment and ongoing management of the Illinois Polaris 401(k) Retirement Savings Plan Trust, ensuring compliance with regulatory requirements and the best interests of the plan participants.
The Illinois Polaris 401(k) Retirement Savings Plan Trust Agreement is a legally binding agreement between Polaris Industries, Inc. and Fidelity Management Trust Co. This agreement establishes a trust for the purpose of overseeing the funds associated with Polaris Industries' 401(k) retirement savings plan for employees in the state of Illinois. The trust agreement outlines the terms and conditions under which the trust will operate, ensuring that the assets of the retirement plan are managed and protected in accordance with the applicable laws and regulations. The Illinois Polaris 401(k) Retirement Savings Plan Trust Agreement provides a framework for the establishment and administration of the trust. It outlines the roles and responsibilities of both Polaris Industries, Inc. and Fidelity Management Trust Co. in managing the plan's funds. The agreement includes provisions such as the appointment of trustees, the investment and distribution of assets, the calculation and remittance of contributions, and the provision of participant benefits. Keywords: Illinois Polaris 401(k) Retirement Savings Plan Trust Agreement, Polaris Industries, Inc., Fidelity Management Trust Co., establishment of trust, retirement savings plan, assets, trustees, investment, distribution, contributions, participant benefits. In addition to the main Illinois Polaris 401(k) Retirement Savings Plan Trust Agreement, there may be variations or additional agreements that fall under the same umbrella, such as: 1. Illinois Polaris 401(k) Retirement Savings Plan Trust Amendment Agreement: This agreement is designed to modify or amend certain provisions of the original trust agreement. It may address changes in the plan's investment options, contribution limits, or other terms and conditions. 2. Illinois Polaris 401(k) Retirement Savings Plan Trust Termination Agreement: If Polaris Industries, Inc. decides to terminate the retirement plan, a termination agreement may be drafted to outline the procedures and obligations regarding the distribution of remaining assets to participants. 3. Illinois Polaris 401(k) Retirement Savings Plan Trust Investment Management Agreement: This agreement specifically addresses the management of the plan's investments. It establishes guidelines and expectations for investment strategies, risk management, and reporting requirements between the plan sponsor (Polaris Industries, Inc.) and the investment manager (Fidelity Management Trust Co.). 4. Illinois Polaris 401(k) Retirement Savings Plan Trust Service Provider Agreement: This agreement outlines the services to be provided by Fidelity Management Trust Co., such as record-keeping, administrative support, and communication with plan participants. It sets forth the responsibilities and compensation arrangements between the two parties. These additional agreements, when applicable, further clarify and support the establishment and ongoing management of the Illinois Polaris 401(k) Retirement Savings Plan Trust, ensuring compliance with regulatory requirements and the best interests of the plan participants.