Alex Daisy Posted October 21, 2014 Posted October 21, 2014 We recently merged a few Multiple Employer Plans into a new Multiple Employer Plan effective 6/1/2014. As part of the merger, there were forfeitures associated with the old Multiple Employer Plans that were transferred into the new Multiple Employer Plan. Can we use the forfeiture money in the new Multiple Employer Plan to pay plan expenses (final 5500 fees) for the old Multiple Employer Plans that were merged into the New Multiple Employer Plan? Any help is greatly appreciated.. ALEX
chc93 Posted October 22, 2014 Posted October 22, 2014 I would think the plan document would tell you if forfeitures can be used for administrative fees.
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