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Administrative Charge

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Dictionary Says

Definition of 'Administrative Charge'

A fee charged by an insurer or other agency responsible for administering a group employee benefit plan to cover expenses related to record keeping and/or other administrative costs; also referred to an an "administrative fee".
Investopedia Says

Investopedia explains 'Administrative Charge'

Most agencies bill their client companies a flat dollar amount per employee on a quarterly or annual basis.

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