(A) Plan Administrator. This Plan shall be administered by the employer or one or more persons designated by the employer. The Plan Administrator, if other than the employer, shall act as the agent of the employer in all matters concerning the administration of this Plan. The Plan Administrator shall have full power to adopt, amend, and revoke such rules and regulations consistent with and as may be necessary to implement, operate, and maintain this Plan, to enter into contracts on behalf of the employer under this Plan, and to make discretionary decisions affecting the rights or benefits of participants under § 1-9-7(G).
(B) Employee with administrative responsibilities. Any employee who is charged with administrative responsibilities hereunder may participate in the Plan under the same terms and conditions as apply to other employees; however, he or she shall not have the power to participate in any discretionary action taken with respect to his or her participation under § 1-9-7(G).
(C) Administrative services. The employer may enter into an agreement with a service provider to provide nondiscretionary administrative services under this Plan for the convenience of the employer, including, but not limited to, the enrollment of employees as participants, the maintenance of accounts and other records, the making of periodic reports to participants, and the disbursement of benefits to participants.
(Ord. 05-11, passed 10-18-2005)