MLITC Enrollment Web Book - Ready - Flipbook - Page 7
ADDITIONAL INFORMATION
PLAN HIGHLIGHTS
ERISA Section 404(c) Mortgage Lenders Investment Trading Corporation
401(k) Plan is designed to comply with Section 404(c) of the Employee
Retirement Income Security Act of 1974 (ERISA), as amended. Participants in
the Plan manage their own investment accounts by directing account
contributions to one or more of the investment alternatives provided by the
Plan. As a plan participant, you will be responsible for your own investment
directions. Plan fiduciaries may be relieved of liability for any losses in your
account that can be attributed to decisions made by you or your
beneficiary(ies).
Mortgage Lenders Investment Trading Corporation is the Plan administrator
of the Mortgage Lenders Investment Trading Corporation401(k) Plan and is
the Plan fiduciary. At your request, you may receive specific information
about the Plan’s investment alternatives, including a description of annual
operating expenses; copies of any prospectuses, financial statements and
reports; and details about the value, historical performance and portfolio
composition of each investment alternative. To request any of these
materials, please contact your Administrator.
Note: The Plan Highlights section of the booklet is intended to provide an overview of the Mortgage Lenders Investment
Trading Corporation 401(k) Plan. It is not a legal document. For more detailed information, refer to your Summary Plan
Description. If you do not have a copy of this document, please request one from your human resources representative.
If information in this Plan Highlights booklet or the Summary Plan Description is inconsistent with plan requirements,
the Plan Document shall govern.
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