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Late Payment of Plan Fees
BenefitsLink Message BoardsLink to more items from this source
May 17, 2021

"Under this 401k service arrangement, the recordkeeper pulls all service provider fees from plan assets each quarter and remits them to each of the providers. Due to a system error, fees were not pulled from the plan in 1st quarter 2021 for the adviser. What would be the best approach to get the adviser paid?"

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