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Payment of Administrative Expenses from Plan Assets: The DOL's Kansas City Initiative
Thompson Publishing Group Link to more items from this source
Dec. 12, 2000
Excerpt: In the past several months, the Department of Labor (DOL) has begun an initiative focusing on the appropriateness of using plan assets to pay for certain plan expenses, particularly fees generated by third-party service providers. The DOL's audit activity originated in the Kansas City regional office, but recent reports indicate that six of the 10 DOL regional offices are instituting plan expense audits modeled on the Kansas City program.

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