Freezing a fund inside a dc plan

[ERISA25]

Other than an amendment to the plan and trust, is there anything else that needs to happen before a plan can freeze a fund inside the plan. I believe they are just trying to eliminate a stock fund as an investment option under the plan. any thoughts?

[Bird]

I don't think an amendment would typically be required; it's not changing a plan provision. There's usually just whatever paperwork the investment company wants and notification to the participants.

[BG5150]

What do you mean by "freeze"? Is it to stop all new contributions, but allow current money to remain? Or is it to require the current money to stay?

[Guest Mark Bongard]

By "stock fund" do you mean a company stock investment option? If you do, those are often specifically mentioned in the plan document as a required investment option. If that is the case, then an appropriate plan amendment would be required.