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Can We Pay Plan-Related Expenses Out of Plan Assets?
DWC Link to more items from this source
Apr. 28, 2020

"Most plan documents allow for the payment of eligible expenses directly from participant accounts ... [T]he next decision to consider is how you will allocate the expenses to participants, keeping in mind that you must do so in a manner that is consistent and does not discriminate against the non-highly compensated employees.... So long as your plan document allows, or is amended to allow, there is generally no compliance issue with shifting to having the plan pay expenses during the current period of economic uncertainty. Similarly, when the economic environment rebounds, you're able to change again."

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