An administration fee is a small amount of money charged by a company or organization for the work they do to process or handle certain tasks or services. Full definition
There is a small administration fee of $ 20. (joshgitalis.com)
The plan administrator is a separate entity hired by the employer and it charges plan administration fees for providing its services. (freefrombroke.com)
Typically, discount brokers will charge an annual administration fee if the market value of any of these accounts is below a certain value. (moneysense.ca)