The program encourages plan administrators to file already overdue annual reports required under Employee Retirement Income Security Act (ERISA).
The DFVCP calculator will determine the amount of civil penalties owed by plugging in the type of plan, size of plan and number of filings, the agency said.
Delinquent filers can avoid potentially higher civil penalty assessments by satisfying the program’s requirements and voluntarily paying a reduced penalty amount.
To access the calculator go here http://askebsa.dol.gov/dfvc.
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