Summary Plan Description

Forfeitures

If there are no deposits or withdrawals from your Vacation Fund Account for 36 consecutive months and Qualstar Credit Union cannot locate you, Qualstar will return your account balance to Carpenters Trusts. If, after an additional 24 months, Carpenters Trusts cannot locate you, your account balance will be forfeited to the Trust.

If you do not enroll with Carpenters Trusts, contributions will be forfeited after 60 consecutive months.