Maryland 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 Maryland Polaris 401(k) Retirement Savings Plan Trust Agreement is a legal document that establishes a trust relationship between Polaris Industries, Inc. and Fidelity Management Trust Co. It outlines the terms and conditions under which the trust is formed, funded, managed, and distributed. The purpose of this trust agreement is to provide a retirement savings plan for employees of Polaris Industries, Inc., allowing them to save and invest for their future financial security. By partnering with Fidelity Management Trust Co., Polaris Industries, Inc. ensures that the trust is professionally managed according to industry standards and regulations. This specific trust agreement caters to Maryland residents, ensuring that the plan complies with the state's laws and regulations governing retirement savings plans. By tailoring the agreement to the requirements of Maryland, Polaris Industries, Inc. demonstrates its commitment to providing employees with a retirement plan that is not only effective but also compliant with relevant state legislation. The Maryland Polaris 401(k) Retirement Savings Plan Trust Agreement covers various aspects related to the establishment and management of the trust. It sets forth the responsibilities and duties of both Polaris Industries, Inc. and Fidelity Management Trust Co. in managing the assets, making investment decisions, and ensuring participant accounts are accurately maintained. Additionally, the agreement may also include specific provisions related to participant eligibility, contribution limits, investment options, vesting schedules, and distribution rules. These provisions are carefully designed to align with the goals and objectives of the retirement savings plan and to provide flexibility and security for participants. It is important to note that while this description focuses on the Maryland Polaris 401(k) Retirement Savings Plan Trust Agreement, variations of this agreement may exist for different states. Each state may have unique regulations and requirements that necessitate the creation of specific trust agreements tailored to the jurisdiction's laws. In conclusion, the Maryland Polaris 401(k) Retirement Savings Plan Trust Agreement is a comprehensive document designed to establish a trustworthy and compliant retirement savings plan for employees of Polaris Industries, Inc. in the state of Maryland. The agreement outlines the roles and responsibilities of both Polaris Industries, Inc. and Fidelity Management Trust Co. and provides participants with a solid foundation for saving and investing in their future.

The Maryland Polaris 401(k) Retirement Savings Plan Trust Agreement is a legal document that establishes a trust relationship between Polaris Industries, Inc. and Fidelity Management Trust Co. It outlines the terms and conditions under which the trust is formed, funded, managed, and distributed. The purpose of this trust agreement is to provide a retirement savings plan for employees of Polaris Industries, Inc., allowing them to save and invest for their future financial security. By partnering with Fidelity Management Trust Co., Polaris Industries, Inc. ensures that the trust is professionally managed according to industry standards and regulations. This specific trust agreement caters to Maryland residents, ensuring that the plan complies with the state's laws and regulations governing retirement savings plans. By tailoring the agreement to the requirements of Maryland, Polaris Industries, Inc. demonstrates its commitment to providing employees with a retirement plan that is not only effective but also compliant with relevant state legislation. The Maryland Polaris 401(k) Retirement Savings Plan Trust Agreement covers various aspects related to the establishment and management of the trust. It sets forth the responsibilities and duties of both Polaris Industries, Inc. and Fidelity Management Trust Co. in managing the assets, making investment decisions, and ensuring participant accounts are accurately maintained. Additionally, the agreement may also include specific provisions related to participant eligibility, contribution limits, investment options, vesting schedules, and distribution rules. These provisions are carefully designed to align with the goals and objectives of the retirement savings plan and to provide flexibility and security for participants. It is important to note that while this description focuses on the Maryland Polaris 401(k) Retirement Savings Plan Trust Agreement, variations of this agreement may exist for different states. Each state may have unique regulations and requirements that necessitate the creation of specific trust agreements tailored to the jurisdiction's laws. In conclusion, the Maryland Polaris 401(k) Retirement Savings Plan Trust Agreement is a comprehensive document designed to establish a trustworthy and compliant retirement savings plan for employees of Polaris Industries, Inc. in the state of Maryland. The agreement outlines the roles and responsibilities of both Polaris Industries, Inc. and Fidelity Management Trust Co. and provides participants with a solid foundation for saving and investing in their future.