Minimum loan amount in loan policy

[Guest Pat Metallic]

A 401(k) plan sponsor currently has a loan policy with a minimum loan amount per request of $1,000. Is their anything to consider if the plan sponsor wants to increase that amount to $2,500 or $5,000?

[QDROphile]

Only regulations that strongly suggest that $1000 is the highest minimum. 2550.408-1(B)(2).