---
kind: "section"
citation: "5 C.F.R. § 1645.4"
title: "5"
number: "1645.4"
heading: "Administrative expenses attributable to each TSP core fund."
url: "https://uscodex.org/cfr/5/1645.4"
---

# §1645.4. Administrative expenses attributable to each TSP core fund.


A portion of the administrative expenses accrued during each business day will be charged to each TSP core fund. A fund's respective portion of administrative expenses will be determined as follows:

- (a) Accrued administrative expenses (other than those described in [paragraph (b)](#b) of this section) will be reduced by:
  - (1) Accrued forfeitures;
  - (2) The fees described in [§§ 1601.53(a)](/cfr/5/1601.53.md?p=a) (relating to the mutual fund window), 1655.21 (relating to loans), 1653.6 (relating to retirement benefits court orders), and 1653.16 (relating to child support court orders) of this chapter; and
  - (3) Accrued earnings on forfeitures, abandoned accounts, unapplied deposits, and fees described in [paragraph (a)(2)](#a-2) of this section.
- (b) Investment management fees and other accrued administrative expenses attributable only to a particular fund will be charged solely to that fund.
- (c) The amount of accrued administrative expenses not covered by forfeitures, fees, and earnings under [paragraph (a)](#a) of this section, and not described in [paragraph (b)](#b) of this section, will be charged on a pro rata basis to all TSP core funds, based on the respective fund balances on the last business day of the prior month end.

## Notes

### Amendments

[70 FR 32214, June 1, 2005, as amended at 87 FR 31681, May 24, 2022]

### Authority

Authority: 5 U.S.C. 8439(a)(3) and 8474.

### Source

Source: 68 FR 35502, June 13, 2003, unless otherwise noted.

### Amendments

[70 FR 32214, June 1, 2005, as amended at 87 FR 31681, May 24, 2022]