Plan authorized 2025

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The plan administrator is the person designated to enroll employees and their dependents in insurance plans. Employers can: Contract with a private company to handle enrollments. Have a benefits office within their company that handles enrollments.
A 401(k) plan administrator is the entity that oversees the operation of the plan. Unless otherwise named, plan sponsors also serve as the plan administrator (and may also be the plans Named Fiduciary). Plan sponsors and plan administrators are often the same entity.
The term plan administrator or administrator means the person specifically so designated by the terms of the instrument under which the plan is operated. If an administrator is not so designated, the plan administrator is the plan sponsor, as defined in section 3(16)(B) of ERISA.
This is referred to as an Authorized Representative. This person is only authorized to help with Medicarejoining a plan, quitting a plan, finding out information about insurance and handling claims and payments. An authorized representative cannot make decisions about personal medical care.
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