Common use of PARTICIPANT REPORTING Clause in Contracts

PARTICIPANT REPORTING. Note: Ford Motor Company will be responsible for researching participant inquiries on a timely basis involving activities that occurred prior to Fidelity becoming the full-service provider. 1. Maintain all eligible employee identification data on the recordkeeping system and automatically send out enrollment kits to newly eligible employees (as determined by Fidelity) based upon a data feed from Ford Motor Company Payroll. 2. Maintain all plan literature fulfillment requests on the recordkeeping system. Automatically send out literature kits to the appropriate employees based upon a data feed from Ford Payroll (i.e. Termination Kits), as well as send literature kits based upon a participant's request. 3. Mail confirmation to participants of all transactions initiated via Fidelity Telephone Services within three (3) to five (5) business days of the transaction. 4. Maintain a supply of blank beneficiary designation forms for distribution to participants by means of the literature solicitation service. ▇▇▇▇ ▇▇▇▇▇▇▇ will be responsible for collection and storage of the completed forms. The NESC will instruct Fidelity in writing regarding beneficiary distribution requirements. 5. Prepare and distribute to each plan participant (with a balance or activity during the period) a detailed participant statement reflecting all activity of the participant on FPRS as of the last business day of March, June, September and December. Statements will be mailed four (4) times per year within approximately thirty (30) days following the end of each calendar quarter in the absence of unusual circumstances.

PARTICIPANT REPORTING. Note: Ford Motor Company will be responsible for researching participant inquiries on a timely basis involving activities that occurred prior to Fidelity becoming the full-service provider. 1. Maintain all eligible employee identification data on the recordkeeping system and automatically send out enrollment kits to newly eligible employees (as determined by Fidelity) based upon a data feed from Ford Motor Company Payroll. 2. Maintain all plan literature fulfillment requests on the recordkeeping system. Automatically send out literature kits to the appropriate employees based upon a data feed from Ford Payroll (i.e. Termination Kits), as well as send literature kits based upon a participant's request. 3. Mail confirmation to participants of all transactions initiated via Fidelity Telephone Services within three (3) to five (5) business days of the transaction. 4. Maintain a supply of blank beneficiary designation forms for distribution to participants by means of the literature solicitation service. John ▇▇▇c▇▇▇ ▇▇▇▇▇▇▇ will l be responsible for collection and storage of the completed forms. The NESC will instruct Fidelity in writing regarding beneficiary distribution requirements. 5. Prepare and distribute to each plan participant (with a balance or activity during the period) a detailed participant statement reflecting all activity of the participant on FPRS as of the last business day of March, June, September and December. Statements will be mailed four (4) times per year within approximately thirty (30) days following the end of each calendar quarter in the absence of unusual circumstances.