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25D - AGMT RECORDKEEPING SVC 457 PLAN
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07/17/2018
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25D - AGMT RECORDKEEPING SVC 457 PLAN
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Last modified
7/12/2018 5:33:26 PM
Creation date
7/12/2018 5:26:24 PM
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Template:
City Clerk
Doc Type
Agenda Packet
Agency
Finance & Management Services
Item #
25D
Date
7/17/2018
Destruction Year
2023
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Prudential <br />Services Agreement <br />Provided by Prudential Retirement <br />Insurance and Annuity Company <br />• All instructions received pursuant to this provision will be submitted by persons authorized to <br />act on behalf of the Plan and Prudential may rely upon those instructions as being genuine <br />and duly authorized; <br />• The Plan document and any applicable Trust documents permit the Plan to make payment of <br />administrative expenses from Plan assets; <br />• This Allowance is permissible under both the Plan documents and any laws applicable to the <br />Plan; <br />• All amounts paid pursuant to these provisions will be used solely for Plan administrative <br />expenses that are reasonable and necessary to the Plan; <br />• Plan Sponsor will indemnify and hold Prudential harmless to the extent that there is a breach <br />iii oily ui UlG ItNi wcllla'u UI1J WlllaillcU IlCltitli, JVil Rlri uauJw h IJUt)i,llal iti bul;w aiiy <br />expense or damage as a result; and <br />• Plan Sponsor has discussed this arrangement with its legal counsel to the extent it deems <br />appropriate. <br />22 <br />25D-27 <br />
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