Plan Administrator

[joel]

Re: NYC Deferred Compensation 457(b) and 401(k) Plans

Currently, the Commissioner of the Mayor's Office of Labor Relations is the Plan Administrator.

The Mayor has recently proposed that he would like the Commissioner of the Department of Finance to assume the duties of Plan Administrator.

Q.: On a national level which governmental department generally assumes the duties of Plan Administrator?

[david rigby]

Q.: On a national level which governmental department generally assumes the duties of Plan Administrator?

As said on another board recently, "it's writing like this that gets us in trouble".

"On a national level"?

Are you asking what "national" agency has any "oversight" to define the PA?

Or perhaps you are asking whether most state and/or local govt plans specify a particular internal department (or person) to be the PA?

[joel]

Q.: On a national level which governmental department generally assumes the duties of Plan Administrator?

As said on another board recently, "it's writing like this that gets us in trouble".

"On a national level"?

Are you asking what "national" agency has any "oversight" to define the PA?

Or perhaps you are asking whether most state and/or local govt plans specify a particular internal department (or person) to be the PA?

Your last sentence is exactly what I intended to communicate.

Thanks