Is in-service distribution of an annuity contract permitted to a participant in a 401(k) plan?

[Guest rocnrols2]

The distribution of a nontransferable annuity contract from a qualified plan is not taxable to the plan participant. Instead, the participant is taxed only as and when s/he receives payments under the annuity contract. For purposes of the qualified plan distributable events, such as those applying to 401(k) plans, is it permissible for a 401(k) plan to distribute an annuity contract to an active participant if the plan changes to a recordkeeper which does not want to deal with annuities?

[Guest quinn the car fixer]

don't the dist requirements still apply? death, disability ,term 59 1/2 ..