[§87D-3]  Summary plan description. (a)  Each summary plan description provided under this chapter shall be writtenin a manner calculated to be understood by the average plan participant, andshall be sufficiently accurate and comprehensive to reasonably appriseparticipants and beneficiaries of their rights and obligations under the plan. A summary of any material modification in the terms of the plan shall bewritten in a manner calculated to be understood by the average participant.

(b)  The summary plan description shall containthe following information:

(1)  The name and type of administration of the plan;

(2)  In the case of a group health plan, whether ahealth insurance issuer is responsible for the financing or administration(including payment of claims) of the plan and if so, the name and address ofsuch issuer;

(3)  The name and address of the person designated asagent for the service of legal process, if such person is not theadministrator;

(4)  The name and address of the administrator;

(5)  The names, titles, and addresses of any trusteeor trustees;

(6)  A description of the relevant provisions of anyapplicable collective bargaining agreement;

(7)  The plan's requirements respecting eligibilityfor participation and benefits;

(8)  Circumstances that may result indisqualification, ineligibility, or denial or loss of benefits;

(9)  The source of financing of the plan and theidentity of any organization through which benefits are provided;

(10)  The date of the end of the plan year and whetherrecords of the plan are kept on a calendar, policy, or fiscal year basis; and

(11)  The procedures to be followed in presentingclaims for benefits under the plan and the remedies available under the planprocedures.

The summary plan description shall contain anyother information required under Title 29 United States Code sections1001-1191, as amended, and related regulations. [L 2005, c 245, pt of §2]