Can you provide a breakdown of the plan administrative expenses charged against the assets of the CREF accounts and the TIAA Real Estate Account?
Plan administrative expenses and fees are reported on line 2i of schedule H. But since there were no fees or expenses incurred or paid by the plan to CREF or the TIAA Real Estate Account, there are no CREF or TIAA Real Estate Account expenses or fees to report. The expense deductions for the CREF and TIAA Real Estate accounts, as reported in their respective prospectuses, are factors in determining the unit values of the accounts. However, because these expenses are not paid by the plan, they are not the types of plan expenses that must be reported on schedule H. The instructions given for line 2i of schedule H state: Report all administrative expenses (by specified category) paid by or charged to the plan, including those that were not subtracted from the gross income of CCTs, PSAs, MTIAs, and 103-12 IE’s in determining their net investment gain(s) or loss(es). Expenses incurred in the general operations of the plan are classified as administrative expenses. As the instruction shows,
Related Questions
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- Can you provide a breakdown of the plan administrative expenses charged against the assets of the CREF accounts and the TIAA Real Estate Account?
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