Phoenix Arizona 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
• City: Phoenix
• 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 Phoenix Arizona 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 aims to ensure the effective administration and management of retirement savings for Polaris employees in the Phoenix, Arizona area. The trust agreement sets forth the terms and conditions under which the trust will operate, safeguarding the retirement funds and providing a secure future for Polaris employees. It defines the roles and responsibilities of both Polaris Industries, Inc. and Fidelity Management Trust Co. in managing the trust and outlines the rights and benefits of the participants in the retirement savings plan. The establishment of this trust agreement demonstrates Polaris Industries, Inc.'s commitment to providing a comprehensive retirement program for its employees in the Phoenix, Arizona region. By partnering with Fidelity Management Trust Co., a trusted and reputable financial institution, Polaris ensures the efficient management and growth of the retirement savings plan. The Phoenix Arizona Polaris 401(k) Retirement Savings Plan Trust Agreement offers various types, each catering to specific needs and circumstances. Some of these types may include: 1. Basic Trust Agreement: This is the standard agreement that outlines the general provisions and requirements for the establishment and operation of the retirement savings plan. It covers aspects such as eligibility, contributions, investment options, vesting, and distribution rules. 2. Employer Match Trust Agreement: Specifically designed for Polaris Industries, Inc., this agreement outlines the provisions for the company's matching contributions to the employees' retirement savings. It ensures that the employer's contributions comply with the agreed-upon terms and conditions. 3. Investment Management Trust Agreement: This type of agreement focuses on the investment strategies and guidelines for managing the retirement savings plan. It outlines the responsibilities and powers of Fidelity Management Trust Co. in making investment decisions on behalf of the participants, ensuring prudent and effective use of the funds. 4. Vesting Trust Agreement: This agreement establishes the vesting schedule for participants' contributions and employer match funds. It defines the period of service required for employees to become fully vested in their retirement savings, ensuring fair and equitable distribution of benefits. These are just a few examples of the possible types of trust agreements that may exist within the Phoenix Arizona Polaris 401(k) Retirement Savings Plan. Each type serves a specific purpose and collectively contributes to the overall administration and success of the retirement savings program.

The Phoenix Arizona 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 aims to ensure the effective administration and management of retirement savings for Polaris employees in the Phoenix, Arizona area. The trust agreement sets forth the terms and conditions under which the trust will operate, safeguarding the retirement funds and providing a secure future for Polaris employees. It defines the roles and responsibilities of both Polaris Industries, Inc. and Fidelity Management Trust Co. in managing the trust and outlines the rights and benefits of the participants in the retirement savings plan. The establishment of this trust agreement demonstrates Polaris Industries, Inc.'s commitment to providing a comprehensive retirement program for its employees in the Phoenix, Arizona region. By partnering with Fidelity Management Trust Co., a trusted and reputable financial institution, Polaris ensures the efficient management and growth of the retirement savings plan. The Phoenix Arizona Polaris 401(k) Retirement Savings Plan Trust Agreement offers various types, each catering to specific needs and circumstances. Some of these types may include: 1. Basic Trust Agreement: This is the standard agreement that outlines the general provisions and requirements for the establishment and operation of the retirement savings plan. It covers aspects such as eligibility, contributions, investment options, vesting, and distribution rules. 2. Employer Match Trust Agreement: Specifically designed for Polaris Industries, Inc., this agreement outlines the provisions for the company's matching contributions to the employees' retirement savings. It ensures that the employer's contributions comply with the agreed-upon terms and conditions. 3. Investment Management Trust Agreement: This type of agreement focuses on the investment strategies and guidelines for managing the retirement savings plan. It outlines the responsibilities and powers of Fidelity Management Trust Co. in making investment decisions on behalf of the participants, ensuring prudent and effective use of the funds. 4. Vesting Trust Agreement: This agreement establishes the vesting schedule for participants' contributions and employer match funds. It defines the period of service required for employees to become fully vested in their retirement savings, ensuring fair and equitable distribution of benefits. These are just a few examples of the possible types of trust agreements that may exist within the Phoenix Arizona Polaris 401(k) Retirement Savings Plan. Each type serves a specific purpose and collectively contributes to the overall administration and success of the retirement savings program.