What is the meaning of Plan administrator?

Your 401(k)' Plan administrator' is the person or more typically the company your employer assigns to manage the company's retirement savings plan. The administrator works with the plan provider to ensure that the plan meets government regulations and that you and other employees have the information you need to enroll, select, and change investments in the plan, apply for a loan if the plan allows loans, and request distributions.

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APABarry Goldsmith. (2010). plan administrator. Retrieved September 27, 2026, from http://smartdefine.org/plan_administrator/definitions/1160633
ChicagoBarry Goldsmith. 2010. "plan administrator" http://smartdefine.org/plan_administrator/definitions/1160633 (accessed September 27, 2026).
HarvardBarry Goldsmith 2010, plan administrator, Smart Define, viewed 27 September, 2026, <http://smartdefine.org/plan_administrator/definitions/1160633>.
MLABarry Goldsmith. "plan administrator" 21 October 2010. Web. 27 September 2026. <http://smartdefine.org/plan_administrator/definitions/1160633>