Fulton Georgia 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
• County: Fulton
• 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 Fulton Georgia Polaris 401(k) Retirement Savings Plan Trust Agreement is a legally binding document that outlines the establishment of a trust between Polaris Industries, Inc. and Fidelity Management Trust Co. This agreement is specific to the retirement savings plan offered by Polaris Industries, Inc. to its employees located in Fulton, Georgia. The main purpose of this agreement is to ensure the proper management and administration of the retirement savings plan, providing employees with a secure and reliable vehicle to save for their future. By establishing a trust, both Polaris Industries, Inc. and Fidelity Management Trust Co. commit to managing the assets of the plan in the best interest of the participants and in accordance with the relevant legal and regulatory requirements. The trust agreement defines the roles and responsibilities of each party involved. Polaris Industries, Inc. acts as the plan sponsor, responsible for designing and maintaining the retirement savings plan, while Fidelity Management Trust Co. serves as the trustee, entrusted with the custody and investment of the plan assets. Furthermore, the trust agreement outlines the investment options available to plan participants, as well as the contribution rules, vesting schedules, and distribution provisions. It also includes provisions for the appointment of an investment committee responsible for overseeing the investment activities and ensuring compliance with fiduciary duties. It is important to note that while the Fulton Georgia Polaris 401(k) Retirement Savings Plan Trust Agreement is specific to Polaris Industries, Inc., there may be variations or versions tailored for other locations or subsidiaries of the company. These agreements might have similar content but with adjustments relevant to the specific retirement savings plan in different jurisdictions. In summary, the Fulton Georgia Polaris 401(k) Retirement Savings Plan Trust Agreement plays a crucial role in establishing the framework for the successful operation of the retirement savings plan offered by Polaris Industries, Inc. within Fulton, Georgia.

The Fulton Georgia Polaris 401(k) Retirement Savings Plan Trust Agreement is a legally binding document that outlines the establishment of a trust between Polaris Industries, Inc. and Fidelity Management Trust Co. This agreement is specific to the retirement savings plan offered by Polaris Industries, Inc. to its employees located in Fulton, Georgia. The main purpose of this agreement is to ensure the proper management and administration of the retirement savings plan, providing employees with a secure and reliable vehicle to save for their future. By establishing a trust, both Polaris Industries, Inc. and Fidelity Management Trust Co. commit to managing the assets of the plan in the best interest of the participants and in accordance with the relevant legal and regulatory requirements. The trust agreement defines the roles and responsibilities of each party involved. Polaris Industries, Inc. acts as the plan sponsor, responsible for designing and maintaining the retirement savings plan, while Fidelity Management Trust Co. serves as the trustee, entrusted with the custody and investment of the plan assets. Furthermore, the trust agreement outlines the investment options available to plan participants, as well as the contribution rules, vesting schedules, and distribution provisions. It also includes provisions for the appointment of an investment committee responsible for overseeing the investment activities and ensuring compliance with fiduciary duties. It is important to note that while the Fulton Georgia Polaris 401(k) Retirement Savings Plan Trust Agreement is specific to Polaris Industries, Inc., there may be variations or versions tailored for other locations or subsidiaries of the company. These agreements might have similar content but with adjustments relevant to the specific retirement savings plan in different jurisdictions. In summary, the Fulton Georgia Polaris 401(k) Retirement Savings Plan Trust Agreement plays a crucial role in establishing the framework for the successful operation of the retirement savings plan offered by Polaris Industries, Inc. within Fulton, Georgia.