SOUTHERN CALIFORNIA IBEW-NECA DEFINED CONTRIBUTION PLAN
PLAN DOCUMENT

(AS AMENDED AND RESTATED EFFECTIVE JANUARY 1, 2014)

TABLE OF CONTENTS

• ARTICLE I DEFINITIONS
• ARTICLE II ELIGIBILITY FOR PARTICIPATION
• ARTICLE III INDIVIDUAL ACCOUNTS
  • Section 1: Establishment of Individual Account
  • Section 2: Individual Account Balance
  • Section 3: Valuation of Accounts
  • Section 4: Termination of Account
  • Section 5: Limitation of Accounts
• ARTICLE IV FORFEITURES AND VESTING
  • Section 1: Forfeitures
  • Section 2: Allocation of Forfeitures
  • Section 3: Vesting
  • Section 4: Break in Service
• ARTICLE V PAYMENT OF INDIVIDUAL ACCOUNTS AT RETIREMENT
  • Section 1: Normal Retirement Date
  • Section 2: Early Retirement Date
  • Section 3: Distribution of Benefits on Retirement
  • Section 4: Form of Distribution
• ARTICLE VI PAYMENT OF INDIVIDUAL ACCOUNTS ON TERMINATION OF EMPLOYMENT PRIOR TO RETIREMENT
  • Section 1: Eligibility
  • Section 2: Amount of Distribution
  • Section 3: Form of Distribution
• ARTICLE VII PAYMENT OF INDIVIDUAL ACCOUNTS ON TERMINATION OF EMPLOYMENT DUE TO DISABILITY
  • Section 1: Eligibility
  • Section 2: Total and Permanent Disability
  • Section 3: Distribution of Benefits on Disability
  • Section 4: Form of Distribution
• ARTICLE VIII DISTRIBUTION OF INDIVIDUAL ACCOUNTS AT DEATH
  • Section 1: Death After Commencement of Distribution
  • Section 2: Death Prior to Commencement of Distribution
  • Section 3: Form of Payment
  • Section 4: Beneficiary
• ARTICLE IX GENERAL PROVISIONS
  • Section 1: Administration of Plan by Board of Trustees
  • Section 2: Application for Benefits
  • Section 3: Proof to be Furnished
  • Section 4: Powers of Trustees
  • Section 5: Benefit Payments Generally
  • Section 6: Mental Incompetency
  • Section 7: Prohibition Against Assignment
  • Section 8: Maximum Annual Additions
  • Section 9: Limitation on Contributions and Annual Additions
  • Section 10: Plan Amendment
  • Section 11: Plan Merger or Consolidation
  • Section 12: Plan Termination
  • Section 13: Claims Review and Appeals Procedure
  • Section 14: Quarterly Statements to Participants
  • Section 15: Military Service
  • Section 16: Acceptance of Rollovers
  • Section 17: Directed Rollovers
  • Section 18: Type of Plan
• ARTICLE X PARTICIPANT LOANS
  • Section 1: Loans to Participants
  • Section 2: CARES Act Loans to Qualified Individuals
• ARTICLE XI TOP HEAVY PROVISIONS
  • Section 1: Definitions
  • Section 2: Top-Heavy Minimum Benefit
  • Section 3: Top Heavy Requirements
  • Section 4: Determination of Top Heavy Status
  • Section 5: Top Heavy Vesting
  • Section 6: Adjustment in Section 415 Limits for Top Heavy Plan Year
• ARTICLE XII TIERED ANNUITY CONTRIBUTIONS
• ARTICLE XIII PRO-RATA BENEFITS
  • Section 1: Pro-Rata Benefits
  • Section 2: International Reciprocity Agreement
• ARTICLE XIV TRANSFER AGREEMENT
• ARTICLE XV MINIMUM DISTRIBUTION REQUIREMENTS
  • Section 1: General Rules
  • Section 2: Time and Manner of Distribution
  • Section 3: Required Minimum Distributions During Participant's Lifetime
  • Section 4: Required Minimum Distributions After Participant's Death
  • Section 5: Definitions
  • Section 6: 2009 RMDs
• ARTICLE XVI COLLECTIVE BARGAINING AGREEMENT
• ARTICLE XVII SIGNATURES OF TRUSTEES
• Amendment 1 – Extension of Sunset Date
• Amendment 2 – Extension of Sunset Date
• Amendment 3 – Local 440 and 477 Inland Empire Transfer Agreement
• Amendment 4 – Extension of Sunset Date (through December 31, 2016)
• Amendment 5 – Extension of Sunset Date (through December 31, 2016)
• Amendment 6 – New Article Added
• Amendment 7 – Extension of Sunset Date (through December 31, 2017)
• Amendment 8 – Extension of Sunset Date (through December 31, 2017)
• Amendment 9 – Extension of Sunset Date (through December 31, 2018)
• Amendment 10 – Extension of Sunset Date (through December 31, 2018)
• Amendment 11 – Eliminates the sunset date for distribution of benefits due to termination of employment
• Amendment 12 – Eliminates the sunset date pertaining to loans for debt consolidation
• Amendment 13 – Additional Distribution Option
• Amendment 14 – Extension of Time for Plan Loan Repayments
• Amendment 15 – Revision to Article XV, Section 5 of the Plan
• Amendment 16 – Revision to Article V, Section 4, Subsection (c)(1) of the Plan
• Amendment 17 – Amendment to Article I, Section 18 of the Plan