We recently took over a single employer client from a prior actuary and found out that they have not provided the Annual Funding Notice for the past three years. This exposes them to a sizable penalty ($110 per day, per participant). Is anyone aware of a correction procedure or method to remedy this situation? Also, aside from DOL/IRS/PBGC audit is there any way that this requirement is enforced? As always, any cites are appreciated.