Retirement Savings Plan Summary Plan Description
3.2 Account Established Upon Commencing Participation
When you commence participation, the Plan Office establishes a separate account within the Plan on your behalf. Your account balance represents the current benefit you have earned under the Plan, and is adjusted as of the close of each business day. The current value of your account reflects (i) Employer contributions made on your behalf, (ii) any 401(k) contributions you make, (iii) allocable investment earnings or losses, (iv) allocable administrative expenses, (v) any amounts transferred from your account to an Alternate Payee pursuant to a QDRO (see paragraph 8.2) and (vi) any amounts paid to you as benefits (including any loan defaults that have been treated as distributions).
Your account may fluctuate up and down depending on all of these factors, and there is no guarantee of any minimum account balance as of any particular valuation date.