Guest KEK Posted June 24, 2002 Posted June 24, 2002 Let's assume a Plan pays reasonable non-settlor expenses. Can these expenses be allocated to participants on a fixed amount per participant basis (e.g. $3 per month per participant)? Usually, we see admin expenses allocated like earnings based on account balances. But is a fixed amount allowed under ERISA? Thanks!
JohnCheek Posted June 24, 2002 Posted June 24, 2002 I have seen many DC plans that allocated administrative costs as a flat annual change per account. (Most of those were multiemployer plans.) John Cheek CPA www.cpaSPAN.com
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