Clain
Aug 28 2001, 10:59 AM
Is a plan sponsor allowed to charge the plan for reimbursement of wages for the HR person who handles the internal administration of a profit sharing lan?
QDROphile
Aug 28 2001, 07:44 PM
Consider ERISA Regulation section 2550.408c-2.
JimJ
Aug 29 2001, 04:33 PM
Don't leave us hangin QDROphile, give us your opinion on the reg.
JimJ
QDROphile
Aug 29 2001, 04:48 PM
It is a lovely regulation that needs to be applied to the specific facts at hand -- all the facts. One plays with fire if a full time employee of the employer gets compensation from the plan. Among other things, an employee who has significant administrative duties may be a fiduciary.
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