jkharvey Posted January 19, 2011 Posted January 19, 2011 The plan has moved assets to a platform and the employer is having to have the payroll file "rewritten" to make the adjustments to meet the platform's reporting/submission requirement. Aside from is this a reasonable amount, is this an expense that can be paid from plan assets? Thoughts?
david rigby Posted January 19, 2011 Posted January 19, 2011 Just my opinion: no, it sounds more like an expense of the company rather than the plan. I'm a retirement actuary. Nothing about my comments is intended or should be construed as investment, tax, legal or accounting advice. Occasionally, but not all the time, it might be reasonable to interpret my comments as actuarial or consulting advice.
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