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Yes. Individual exemptions grant relief from the prohibited transactions provisions for particular transactions identified and described in detail to the Department. Factors considered by the Department of Labor include: - The percentage of plan assets involved in the transaction;
- The return compared to other investments representing a similar risk to the plan;
- The value of the property involved as determined by an independent appraisal or an independent market mechanism in the transaction; and,
- Whether an independent fiduciary has reviewed the terms of the transaction and will monitor compliance.
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