Guest terid Posted June 20, 2002 Posted June 20, 2002 Who is responsible for defaulted loans? Is it the role of the plan administrator or the recordkeeper/trustee? Is there a link or code that supports this information?
mbozek Posted June 20, 2002 Posted June 20, 2002 Usually such responsibility is spelled out in the administration agreemnt between the Plan admin and the TPA. Unless otherwise specified, the responsibility for keeping track of defaulted loans falls to the plan admin. mjb
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