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To provide the participant with a statement of their account twice <br /> year which shows the value of their account. <br /> <br />6. To allow the participant to borrow from their account when they <br /> have complied with the eligibility requirements established by the <br /> Administrator and the Plan as permitted by Federal Regulations, che <br /> Plan and Administrator. <br /> <br /> To provide the participants withdrawal options including lump sum <br /> distribution and periodic payments in accordance ~ith rl:u Plan and <br /> the Internal Revenue Code of 195~, as it Bay be amended. <br /> <br />8. To provide ~dmiaistrative and.operating:p;ocedur~sfor.the ......... <br /> employer...~-1 <br /> <br /> ARTICLE III <br /> <br /> Required Plan Participation <br /> <br /> An Employer and the Administrator must Jointly be successful in <br />obtain!nE satisfactory participation from employees of all pay grades of <br />the employer. BB&T, as Administrator o£ the State 6Ol(k) Plan, is <br />obligated to insure favorable anti-discrimina~ion testinE results. ~en <br />au employer does not have satisfactory voluntary participation from the <br />upper and lower paid employees, employers will be subject to limited <br />enrollment of all employees excluding enrollments resulting from <br />employer contributions as mandated by law. <br /> <br /> <br />