QRP - qualified replacement plans and fees paid from plan assets

[Jakyasar]

Hi all

PS plan is utilized as a QRP and has both the QRP assets as well as PS assets. Let's say balance are 50/50. All assets are comingled and pooled so no individual accounts.

Clients pays x amount annual fees from the plan assets.

Can the fee be split 50/50 i.e. 50% deducted from the QRP balances and 50% deducted from the PS balances?

Thank you

[Luke Bailey]

If the balances are 50/50, doesn't the distributive property mean that you have the same result if you just charge it to the plan as a whole?

[Mike Preston]

1 hour ago, Luke Bailey said:

If the balances are 50/50, doesn't the distributive property mean that you have the same result if you just charge it to the plan as a whole?

What's that tag line I've seen floating around?  3 out of 2 people are bad at math.....