Earl Posted August 19, 2003 Share Posted August 19, 2003 Plan sponsor of 403(b) plan is discontinuing and starting a 401(k). Investment provider is hitting the sponsor with a participant fee. Is there a way to "cash-out" terminated participants with under $5,000 to end this charge? Could Plan sponsor unilaterally transfer the participant accounts to a new provider? I think they can only control new money, but am not at all versed in 403(b)s. Thanks for anyone taking the time to respond. CBW Link to comment Share on other sites More sharing options...
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