ErisaGooroo Posted June 12, 2018 Share Posted June 12, 2018 VFCP filing will be prepared for overcharged participant fees to participants and overcharged fees to plan sponsor as a result of systematic error. Once the principal amount and lost earnings are restored to the plan, does the plan sponsor also have to amend the Form 5500 for prior years? Overcharged fees are approximately $50,000 and the error goes back to 2014. It's nice to be important, but it's more important to be nice... CPFA, CPC, QPA, QKA, ERPA, APA Link to comment Share on other sites More sharing options...
Madison71 Posted June 12, 2018 Share Posted June 12, 2018 No - what happened in the prior year happened whether later corrected or not. Link to comment Share on other sites More sharing options...
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