Sentences with phrase «plan administrators usually»

Human nature being what it is, plan administrators usually pick firms they know, i.e., those which have brand identities only big money can buy.

Not exact matches

To better manage a plan's ongoing operation, once the plan has been set up by the employer for employee participation, the employer will usually appoint a plan administrator to take care of the plan with tasks such as recording keeping and accounting, providing customer service, giving educational seminars, etc...

Restricted — This is a little trickier, because most employers» retirement plans have a limited menu of funds from which you can buy, usually dominated by plans from the plan administrator (T. Rowe Price, Fidelity, Vanguard, etc.).

Because a Fidelity plan is easy to maintain, the employer usually acts as the Plan Administraplan is easy to maintain, the employer usually acts as the Plan AdministraPlan Administrator.

Profit sharing plan administrators typically do not require a plan participant to withdraw money from the plan before a certain period of time, usually until the employee turns 59 1/2 years.

If the relationships are well maintained, just about any role can be outsourced, although law firm administrators usually feel more comfortable with event planning and management of the firm's contact list being maintained in - house.

To facilitate the division of retirement benefits, the court will usually issue a Qualified Domestic Relations Order, or QDRO, directing the plan administrator to disburse proceeds to both the employee and non-employee spouse.