Loading...
May a plan administrator charge a participant or alternate payee for determining the qualified status of a domestic relations order?
The Department has taken the position that in the context of a defined contribution plan, an administrator may assess reasonable expenses attributable to a QDRO determination against the individual account of the participant who is a party to the domestic relations order. The documents of the plan should be reviewed to determine how plan expenses are allocated.
Reference: [ERISA § 404(a); see Field Assistance Bulletin 2003-3 (see Appendix A)]
Reference: [ERISA § 404(a); see Field Assistance Bulletin 2003-3 (see Appendix A)]