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QDRO Charge


Guest triebsch

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Guest triebsch

Has anyone revised their plan doc/QDRO admin procedures to incorporate the now permissable charge to participants? We recently (October 1) implemented a $500 charge -- is this in the ballpark of what others are charging?

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While what others are charging is a relevant inquiry, don't lose sight of the requirement that the what a plan charges must be based on the expense to the plan. So the first question is what is this process costing the plan? What others charge might be an indirect check on what is reasonable, but you won't necessarily know what the expenses are behind the charges, and expenses will vary from plan to plan and order to order.

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