Delegation of Responsibility. The Administrator may designate persons, including persons other than "named fiduciaries" (as defined in ERISA Section 402(a)(2)) to carry out the specified responsibilities of the Administrator and shall not be liable for any act or omission of a person so designated.
Appears in 9 contracts
Sources: Defined Contribution Plan (White Mountains Insurance Group Inc), Defined Contribution Plan (Innerdyne Inc), Prototype Defined Contribution Plan Adoption Agreement (Tca Cable Tv Inc)