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When and How to pay Plan expenses from a Retirement Plan

Sponsored By Summers, Compton & Wells P.C.

Topics:
Employee Benefits & Human Capital > Defined Benefit
Professional Services > Legal Services

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Abstract:
Companies that may have previously borne most or all of the cost of a Section 401(k)'s management and administration are now finding the need to shift more cost to the plan. However, the ability to have the plan pay cost is not unrestricted. Rather, it is subject to specific rules that seek to determine whether the cost is truly for the benefit of the plan or more properly should be paid for by the plan sponsor and whether the cost is reasonable.
DETAILS
Sponsored by: Summers, Compton & Wells P.C.
Released: May 07, 2009
Length: 14 pages
Format: PDF (50 kb)
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