Tennessee 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 Tennessee Polaris 401(k) Retirement Savings Plan Trust Agreement is a legal document that outlines the establishment of a trust between Polaris Industries, Inc. and Fidelity Management Trust Co. The agreement serves as a means to provide retirement savings benefits to eligible employees of Polaris Industries, Inc. This trust agreement ensures that the funds contributed to the retirement savings plan are held securely and administered according to the terms outlined in the agreement. Under this agreement, Polaris Industries, Inc. designates Fidelity Management Trust Co. as the trustee, responsible for managing and investing the trust assets for the benefit of the plan participants. Fidelity Management Trust Co. plays a crucial role in ensuring the proper administration and investment of the retirement savings plan assets, adhering to the guidelines set forth in the agreement. The Tennessee Polaris 401(k) Retirement Savings Plan Trust Agreement covers various aspects related to the establishment and operation of the trust. It includes provisions regarding the contributions made by Polaris Industries, Inc. on behalf of its employees, eligibility requirements for participation in the plan, vesting schedules, and the distribution of benefits upon retirement or other qualifying events. Furthermore, the agreement may include additional provisions specific to the type of trust established between Polaris Industries, Inc. and Fidelity Management Trust Co. For example, there may be different types of trust agreements depending on the investment options available to plan participants, such as mutual funds, target-date funds, or employer stock funds. Each type may have distinct provisions outlining the rights and responsibilities of both parties involved. In summary, the Tennessee Polaris 401(k) Retirement Savings Plan Trust Agreement is a comprehensive legal document that establishes a trust between Polaris Industries, Inc. and Fidelity Management Trust Co. for the purpose of managing and administering retirement savings benefits for eligible employees. It ensures that the funds are handled in accordance with the agreement's terms, providing a sound financial vehicle for employees' future retirement needs.

The Tennessee Polaris 401(k) Retirement Savings Plan Trust Agreement is a legal document that outlines the establishment of a trust between Polaris Industries, Inc. and Fidelity Management Trust Co. The agreement serves as a means to provide retirement savings benefits to eligible employees of Polaris Industries, Inc. This trust agreement ensures that the funds contributed to the retirement savings plan are held securely and administered according to the terms outlined in the agreement. Under this agreement, Polaris Industries, Inc. designates Fidelity Management Trust Co. as the trustee, responsible for managing and investing the trust assets for the benefit of the plan participants. Fidelity Management Trust Co. plays a crucial role in ensuring the proper administration and investment of the retirement savings plan assets, adhering to the guidelines set forth in the agreement. The Tennessee Polaris 401(k) Retirement Savings Plan Trust Agreement covers various aspects related to the establishment and operation of the trust. It includes provisions regarding the contributions made by Polaris Industries, Inc. on behalf of its employees, eligibility requirements for participation in the plan, vesting schedules, and the distribution of benefits upon retirement or other qualifying events. Furthermore, the agreement may include additional provisions specific to the type of trust established between Polaris Industries, Inc. and Fidelity Management Trust Co. For example, there may be different types of trust agreements depending on the investment options available to plan participants, such as mutual funds, target-date funds, or employer stock funds. Each type may have distinct provisions outlining the rights and responsibilities of both parties involved. In summary, the Tennessee Polaris 401(k) Retirement Savings Plan Trust Agreement is a comprehensive legal document that establishes a trust between Polaris Industries, Inc. and Fidelity Management Trust Co. for the purpose of managing and administering retirement savings benefits for eligible employees. It ensures that the funds are handled in accordance with the agreement's terms, providing a sound financial vehicle for employees' future retirement needs.