• 10 minutes

Managing Your 401(k) Plan


Under ERISA what expenses can be paid from a plan?

Plan assets can be used to pay the reasonable expenses of administering the plan. So, what is considered “reasonable" then? This video reviews a sample 401(k) plan taken from litigation cases, in order to show what steps would be deemed a good idea to take, and what steps would not.

Runtime: 10 minutes



Patricia Beaty

Patricia Beaty

Taft Stettinius & Hollister, LLP

  • Partner in the office of Taft Stettinius & Hollister, LLP focusing exclusively on employee benefit matters
  • Practice emphasizes all aspects of employee benefits and executive compensation of both retirement and health and welfare plans
  • Conducts regular client training, seminars, and workshops on ERISA, fiduciary duties, the Affordable Care Act, IRS and DOL audits, 401(k) plans, defined benefit plans, cash balance plans, health and welfare plans, VEBAs, Medicare Secondary Payer rules, litigation, mergers and acquisitions, 403(b) plans, 457(b) plans, 457(f) plans, and new comparability (cross-tested) plan designs
  • Certified employee benefits specialist (CEBS), American Bar Association Committee on Employee Benefits, Indiana Benefits Conference (past chairperson), Indianapolis Bar Association, and current President of the Indiana Chapter of the International Society of Employee Benefit Specialists
  • J.D. degree, Indiana University, Robert H. McKinney School of Law; B.S. degree, Ball State University
  • Can be contacted at [email protected] or 317-713-3533

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