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Administration expenses


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On 4/30/2021 at 2:55 PM, maryflemingphr@yahoo.com said:

Hello,

Is it possible to charge administration expenses to a fully-insured H&W plan?  We are updating the plan docs and SPDs which is an administrative expense thus this question.

Thank you,

Please clarify. If it's fully insured, you have to pay all the premiums to the insurer. Usually the employer pays part of the premiums, the employees another part, but not always. Unless "charg[ing] administration expense to [the plan]" raises employee premiums, what's the difference?

Luke Bailey

Senior Counsel

Clark Hill PLC

214-651-4572 (O) | LBailey@clarkhill.com

2600 Dallas Parkway Suite 600

Frisco, TX 75034

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