Plan Administrator definition: Copy, customize, and use instantly
Introduction
The term "Plan Administrator" refers to the individual or entity responsible for managing and overseeing a specific plan, often in the context of employee benefits, pension plans, or retirement plans. The Plan Administrator ensures that the plan is administered in accordance with its terms, applicable laws, and regulations.
Below are various examples of how "Plan Administrator" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Plan Administrator" in a pension plan
This definition ties "Plan Administrator" to the management of pension plans.
"Plan Administrator" means the individual or entity designated to oversee and administer the pension plan, ensuring compliance with relevant regulations and plan provisions.
Definition of "Plan Administrator" in a retirement benefits plan
This definition connects "Plan Administrator" to retirement benefits administration.
"Plan Administrator" refers to the person or entity responsible for managing and overseeing the administration of the retirement benefits plan, ensuring proper distribution and adherence to plan terms.
Definition of "Plan Administrator" in an employee benefits plan
This definition links "Plan Administrator" to employee benefits administration.
"Plan Administrator" means the person or entity responsible for administering the employee benefits plan, including processing claims, distributing benefits, and ensuring compliance with relevant laws and regulations.
Definition of "Plan Administrator" in a 401(k) plan
This definition ties "Plan Administrator" to 401(k) plan management.
"Plan Administrator" refers to the individual or entity tasked with the administration and operation of the 401(k) plan, including overseeing contributions, investments, and participant distributions.
Definition of "Plan Administrator" in a healthcare plan
This definition connects "Plan Administrator" to healthcare plan administration.
"Plan Administrator" means the person or entity responsible for overseeing the healthcare benefits plan, including eligibility determinations, claims processing, and compliance with healthcare regulations.
Definition of "Plan Administrator" in an employee stock ownership plan (ESOP)
This definition links "Plan Administrator" to ESOP management.
"Plan Administrator" refers to the individual or entity responsible for managing the ESOP, ensuring compliance with legal requirements, overseeing distributions, and maintaining records of ownership.
Definition of "Plan Administrator" in a defined benefit plan
This definition ties "Plan Administrator" to defined benefit plan management.
"Plan Administrator" means the entity responsible for overseeing the operations of the defined benefit plan, including managing funding, distributions, and compliance with pension regulations.
Definition of "Plan Administrator" in a defined contribution plan
This definition connects "Plan Administrator" to defined contribution plan oversight.
"Plan Administrator" refers to the individual or entity overseeing the administration of the defined contribution plan, including monitoring contributions, investment choices, and participant balances.
Definition of "Plan Administrator" in an insurance plan
This definition links "Plan Administrator" to the management of insurance plans.
"Plan Administrator" means the individual or entity tasked with administering the insurance benefits plan, including enrollment, claims processing, and ensuring regulatory compliance.
Definition of "Plan Administrator" in an employee welfare plan
This definition ties "Plan Administrator" to the oversight of employee welfare plans.
"Plan Administrator" refers to the person or entity responsible for managing and ensuring the compliance of the employee welfare plan, including providing benefits such as life insurance and disability coverage.
Definition of "Plan Administrator" in a health savings account (HSA) plan
This definition connects "Plan Administrator" to HSA plan management.
"Plan Administrator" means the person or entity responsible for overseeing the operation of the health savings account plan, ensuring compliance with tax and regulatory rules, and managing contributions and distributions.
Definition of "Plan Administrator" in a welfare benefit plan
This definition links "Plan Administrator" to welfare benefit plan oversight.
"Plan Administrator" refers to the individual or entity in charge of administering a welfare benefit plan, including coordinating benefits such as medical, dental, and vision insurance for employees.
Definition of "Plan Administrator" in a supplemental retirement plan
This definition ties "Plan Administrator" to supplemental retirement plans.
"Plan Administrator" means the person or entity responsible for the oversight and management of supplemental retirement plans, ensuring compliance with plan terms and applicable retirement regulations.
Definition of "Plan Administrator" in a severance plan
This definition connects "Plan Administrator" to severance plan management.
"Plan Administrator" refers to the person or entity responsible for administering the severance plan, including determining eligibility, calculating benefits, and overseeing payouts.
Definition of "Plan Administrator" in an educational benefits plan
This definition links "Plan Administrator" to educational benefits plans.
"Plan Administrator" means the individual or entity responsible for administering an educational benefits plan, ensuring eligibility, processing claims, and maintaining compliance with applicable education-related regulations.
Definition of "Plan Administrator" in a workers' compensation plan
This definition ties "Plan Administrator" to workers' compensation plan administration.
"Plan Administrator" refers to the person or entity managing the workers' compensation benefits plan, including processing claims and ensuring compliance with relevant labor laws and insurance requirements.
Definition of "Plan Administrator" in a disability benefits plan
This definition connects "Plan Administrator" to disability benefits plan oversight.
"Plan Administrator" means the individual or entity responsible for overseeing and managing the disability benefits plan, including eligibility determination, benefit calculations, and regulatory compliance.
Definition of "Plan Administrator" in an executive compensation plan
This definition links "Plan Administrator" to executive compensation management.
"Plan Administrator" refers to the person or entity overseeing the administration of the executive compensation plan, including overseeing stock options, deferred compensation, and performance-based bonuses.
Definition of "Plan Administrator" in a profit-sharing plan
This definition ties "Plan Administrator" to profit-sharing plan administration.
"Plan Administrator" means the individual or entity responsible for managing the profit-sharing plan, including contributions, vesting schedules, and compliance with applicable tax laws.
Definition of "Plan Administrator" in a deferred compensation plan
This definition connects "Plan Administrator" to deferred compensation plan oversight.
"Plan Administrator" refers to the person or entity managing the deferred compensation plan, ensuring compliance with legal requirements and overseeing the investment and distribution of deferred amounts.
Definition of "Plan Administrator" in a stock option plan
This definition links "Plan Administrator" to stock option plan management.
"Plan Administrator" means the individual or entity responsible for administering the stock option plan, including granting options, tracking vesting schedules, and ensuring compliance with tax regulations.
Definition of "Plan Administrator" in an executive retirement plan
This definition ties "Plan Administrator" to executive retirement plan management.
"Plan Administrator" refers to the person or entity responsible for overseeing the executive retirement plan, ensuring proper administration and compliance with applicable retirement laws.
Definition of "Plan Administrator" in a health plan
This definition connects "Plan Administrator" to health plan administration.
"Plan Administrator" means the person or entity responsible for administering the health plan, ensuring proper enrollment, processing claims, and ensuring compliance with health insurance regulations.
Definition of "Plan Administrator" in a retirement savings plan
This definition links "Plan Administrator" to retirement savings plan oversight.
"Plan Administrator" refers to the individual or entity managing the retirement savings plan, overseeing contributions, investments, and ensuring compliance with federal retirement savings laws.
Definition of "Plan Administrator" in an annuity plan
This definition ties "Plan Administrator" to annuity plan management.
"Plan Administrator" means the person or entity responsible for administering the annuity plan, ensuring accurate recordkeeping, and processing annuity payments according to the plan terms.
Definition of "Plan Administrator" in a relocation benefits plan
This definition connects "Plan Administrator" to relocation benefits.
"Plan Administrator" refers to the person or entity responsible for overseeing the relocation benefits plan, ensuring eligibility, processing relocation expenses, and managing employee reimbursements.
Definition of "Plan Administrator" in an executive bonus plan
This definition links "Plan Administrator" to the executive bonus plan.
"Plan Administrator" means the person or entity responsible for administering the executive bonus plan, including eligibility, payout calculations, and ensuring compliance with applicable tax regulations.
Definition of "Plan Administrator" in a collective bargaining agreement plan
This definition ties "Plan Administrator" to collective bargaining agreements.
"Plan Administrator" refers to the individual or entity responsible for managing the employee benefit plans specified in a collective bargaining agreement, ensuring compliance and proper administration.
Definition of "Plan Administrator" in an insurance policyholder plan
This definition connects "Plan Administrator" to insurance policyholder administration.
"Plan Administrator" means the person or entity managing the insurance policyholder benefits plan, including processing claims, enrollment, and ensuring compliance with insurance regulations.
Definition of "Plan Administrator" in a union pension plan
This definition links "Plan Administrator" to union pension plan management.
"Plan Administrator" refers to the person or entity responsible for administering the pension benefits plan for union members, ensuring proper compliance with union rules and pension laws.
Definition of "Plan Administrator" in a profit-sharing trust
This definition ties "Plan Administrator" to profit-sharing trusts.
"Plan Administrator" means the individual or entity responsible for managing the profit-sharing trust, overseeing distributions, and ensuring the trust complies with relevant tax laws and trust regulations.
Definition of "Plan Administrator" in an international benefit plan
This definition connects "Plan Administrator" to global benefits.
"Plan Administrator" refers to the individual or entity responsible for administering benefits across multiple countries, ensuring compliance with local laws and global benefit standards.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.