Regardless of how it is structured or administered, such a plan would have an inherent advantage in the marketplace because it would ultimately be subsidized by taxpayers.

不管这一项目的结构如何，如何管理，在市场上它都拥有先天的优势，因为所有的费用最终都由纳税人承担。

youdao

The easiest plan I ever administered, in my days as a Third Party Administrator, was a one person plan and the same applies to servicing and selling that plan.

FORBES: Another Perspective on the Shifting 401(k) Landscape: David Witz of Fiduciary Risk Assessment LLC (March 20,2008)

But it is unclear how the plan would be administered, how many would qualify, or whether or not it will be limited to basic rate tax payers to ensure it is not criticised for funding those who can more easily meet their childcare costs.

BBC: Ministers 'plan childcare change'

This plan was in keeping with the eleven countries in the region that also implemented privately administered pension funds.

CENTERFORSECURITYPOLICY: Argentina��s Kirchner seizes private pension funds