Value of Participant Accounts Sample Clauses
The "Value of Participant Accounts" clause defines how the worth of individual participants' accounts is determined within a plan or program, such as a retirement or investment plan. Typically, this clause outlines the methods for calculating account balances, including the timing and frequency of valuations, and may specify the inclusion of contributions, earnings, and any applicable fees or adjustments. By establishing clear rules for account valuation, this clause ensures transparency and consistency, helping participants understand the current and accurate value of their holdings and preventing disputes over account balances.
Value of Participant Accounts. The value of a Participant’s Account consists of the fair market value of the Participant’s share of the Plan assets.