The PAC is a “named fiduciary” of the Plan, as defined in Section 402(a)(2) of ERISA, with respect to the overall operation and administration of the Plan, and is the administrator of the Plan within the meaning of Section 3(16)(A) of ERISA. In addition to the duties and powers described elsewhere hereunder, the PAC shall have the discretion and authority to control and manage the operation and administration of the Plan.
plan administrator