Nebraska 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 Nebraska Polaris 401(k) Retirement Savings Plan Trust Agreement is a legal document that establishes a trust between Polaris Industries, Inc. and Fidelity Management Trust Co. This agreement is crucial for Polaris employees who participate in the 401(k) retirement savings plan, as it ensures the management and protection of their retirement funds. The trust agreement outlines the terms and conditions under which the trust will operate and specifies the roles and responsibilities of both Polaris Industries, Inc. and Fidelity Management Trust Co. as fiduciaries. It also includes provisions regarding contributions, investments, distributions, and record keeping. One of the key aspects of the Nebraska Polaris 401(k) Retirement Savings Plan Trust Agreement is the establishment of the trust. This involves transferring the assets of the plan into the trust, ensuring that they are securely held and managed by Fidelity Management Trust Co. This agreement aims to safeguard the retirement savings accumulated by the employees, providing them with peace of mind and financial security for their future. Additionally, there may be different types of Nebraska Polaris 401(k) Retirement Savings Plan Trust Agreements based on various factors. These could include the plan structure, investment options, or eligibility criteria. Examples of different types of trust agreements within this framework might be a traditional 401(k) plan, a Roth 401(k) plan, or a profit-sharing component within the retirement savings plan. Each type of agreement may have its own specific provisions and rules tailored to meet the needs and goals of the plan participants. In conclusion, the Nebraska Polaris 401(k) Retirement Savings Plan Trust Agreement is a vital legal document that establishes a trust between Polaris Industries, Inc. and Fidelity Management Trust Co. to ensure the proper management and protection of employees' retirement savings. It guarantees that the trust operates in accordance with the terms and conditions outlined in the agreement, providing employees with a secure and reliable avenue to save for their retirement.

The Nebraska Polaris 401(k) Retirement Savings Plan Trust Agreement is a legal document that establishes a trust between Polaris Industries, Inc. and Fidelity Management Trust Co. This agreement is crucial for Polaris employees who participate in the 401(k) retirement savings plan, as it ensures the management and protection of their retirement funds. The trust agreement outlines the terms and conditions under which the trust will operate and specifies the roles and responsibilities of both Polaris Industries, Inc. and Fidelity Management Trust Co. as fiduciaries. It also includes provisions regarding contributions, investments, distributions, and record keeping. One of the key aspects of the Nebraska Polaris 401(k) Retirement Savings Plan Trust Agreement is the establishment of the trust. This involves transferring the assets of the plan into the trust, ensuring that they are securely held and managed by Fidelity Management Trust Co. This agreement aims to safeguard the retirement savings accumulated by the employees, providing them with peace of mind and financial security for their future. Additionally, there may be different types of Nebraska Polaris 401(k) Retirement Savings Plan Trust Agreements based on various factors. These could include the plan structure, investment options, or eligibility criteria. Examples of different types of trust agreements within this framework might be a traditional 401(k) plan, a Roth 401(k) plan, or a profit-sharing component within the retirement savings plan. Each type of agreement may have its own specific provisions and rules tailored to meet the needs and goals of the plan participants. In conclusion, the Nebraska Polaris 401(k) Retirement Savings Plan Trust Agreement is a vital legal document that establishes a trust between Polaris Industries, Inc. and Fidelity Management Trust Co. to ensure the proper management and protection of employees' retirement savings. It guarantees that the trust operates in accordance with the terms and conditions outlined in the agreement, providing employees with a secure and reliable avenue to save for their retirement.