Paying Employee Benefit Plan Expenses | Practical Law

Paying Employee Benefit Plan Expenses | Practical Law

A Practice Note describing the types of expenses that may and may not be paid from the assets of an employee benefit plan governed by the Employee Retirement Income Security Act of 1974 (ERISA). It also explains the requirements that must be met before expenses can be paid from plan assets, the methods for allocating expenses between plans and among plan participants, and the consequences of paying improper expenses from plan assets.

Paying Employee Benefit Plan Expenses

Practical Law Practice Note 4-504-8434 (Approx. 15 pages)

Paying Employee Benefit Plan Expenses

by Jennifer E. Eller and Andrée St. Martin, Groom Law Group, Chartered with Practical Law Employee Benefits & Executive Compensation
Maintained • USA (National/Federal)
A Practice Note describing the types of expenses that may and may not be paid from the assets of an employee benefit plan governed by the Employee Retirement Income Security Act of 1974 (ERISA). It also explains the requirements that must be met before expenses can be paid from plan assets, the methods for allocating expenses between plans and among plan participants, and the consequences of paying improper expenses from plan assets.