Missouri 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 Missouri Polaris 401(k) Retirement Savings Plan Trust Agreement is a legally binding document between Polaris Industries, Inc. and Fidelity Management Trust Co. It serves as the foundation for the establishment of a trust designed to manage the retirement savings plan for employees of Polaris Industries residing in Missouri. The purpose of the trust agreement is to outline the roles, responsibilities, and obligations of both Polaris Industries and Fidelity Management Trust Co. in ensuring the proper management and administration of the retirement savings plan. It provides the necessary framework to safeguard the assets of the plan and governs the investment and distribution of funds on behalf of plan participants. The Missouri Polaris 401(k) Retirement Savings Plan Trust Agreement specifies the provisions related to the establishment and operation of the trust. It outlines the conditions of eligibility for employees to participate in the plan, details the contribution limits, and provides guidelines for investment options available within the plan. Additionally, the trust agreement clarifies the roles and responsibilities of Polaris Industries and Fidelity Management Trust Co. Polaris Industries, as the plan sponsor and administrator, has the obligation to provide accurate plan information and timely contributions to the trust. Fidelity Management Trust Co., as the trustee, is entrusted with managing the day-to-day operations of the plan, including the selection and monitoring of investment options. Furthermore, the trust agreement addresses important topics such as vesting schedules, treatment of contributions and earnings, distribution options, and any potential limitations or restrictions imposed on plan participants. While the focus here is specifically on the Missouri Polaris 401(k) Retirement Savings Plan Trust Agreement between Polaris Industries, Inc. and Fidelity Management Trust Co., it is important to note that there may be other variations of this agreement designed for other states or different circumstances. For instance, there could be separate agreements for different divisions or departments within Polaris Industries, Inc. or agreements tailored for different employee classifications, such as union or non-union employees. Overall, the Missouri Polaris 401(k) Retirement Savings Plan Trust Agreement establishes the framework and guidelines for effectively managing the retirement savings plan for eligible employees of Polaris Industries residing in Missouri, with the primary goal of providing an avenue for employees to save and invest for their retirement years.

The Missouri Polaris 401(k) Retirement Savings Plan Trust Agreement is a legally binding document between Polaris Industries, Inc. and Fidelity Management Trust Co. It serves as the foundation for the establishment of a trust designed to manage the retirement savings plan for employees of Polaris Industries residing in Missouri. The purpose of the trust agreement is to outline the roles, responsibilities, and obligations of both Polaris Industries and Fidelity Management Trust Co. in ensuring the proper management and administration of the retirement savings plan. It provides the necessary framework to safeguard the assets of the plan and governs the investment and distribution of funds on behalf of plan participants. The Missouri Polaris 401(k) Retirement Savings Plan Trust Agreement specifies the provisions related to the establishment and operation of the trust. It outlines the conditions of eligibility for employees to participate in the plan, details the contribution limits, and provides guidelines for investment options available within the plan. Additionally, the trust agreement clarifies the roles and responsibilities of Polaris Industries and Fidelity Management Trust Co. Polaris Industries, as the plan sponsor and administrator, has the obligation to provide accurate plan information and timely contributions to the trust. Fidelity Management Trust Co., as the trustee, is entrusted with managing the day-to-day operations of the plan, including the selection and monitoring of investment options. Furthermore, the trust agreement addresses important topics such as vesting schedules, treatment of contributions and earnings, distribution options, and any potential limitations or restrictions imposed on plan participants. While the focus here is specifically on the Missouri Polaris 401(k) Retirement Savings Plan Trust Agreement between Polaris Industries, Inc. and Fidelity Management Trust Co., it is important to note that there may be other variations of this agreement designed for other states or different circumstances. For instance, there could be separate agreements for different divisions or departments within Polaris Industries, Inc. or agreements tailored for different employee classifications, such as union or non-union employees. Overall, the Missouri Polaris 401(k) Retirement Savings Plan Trust Agreement establishes the framework and guidelines for effectively managing the retirement savings plan for eligible employees of Polaris Industries residing in Missouri, with the primary goal of providing an avenue for employees to save and invest for their retirement years.