DFVC Penalty Amount

[Guest merlin]

I have a takeover client whose 5500 was due 7/31. We didn't get her until August and previously her plan was "handled' by the broker,who didn't realize that the first two employees entered the plan in 01,so she was no longer exempt under the "one participant plan with assets

Thank you for any help.

[Guest Emiliano]

www.dol.gov/pwba/FAQs/faq_DFVC.html