Static balance administration services; reimbursement of
administrator
Sec. 5. Subject to this chapter, a payroll savings plan
administrator is entitled to reimbursement from a static balance for
reasonable expenses incurred in the performance of static balance
administration services beginning with the year after the participant
ceases to make allotments of payroll deductions to the payroll
savings plan administrator.
As added by P.L.141-2005, SEC.27.
Last modified: May 27, 2006