Filing Form 5330 after DOL audit

[R. Butler]

DOL recently audited ABC, Inc. Plan. DOL concluded that were late deposits in each of the last 3 years. We are filing the 5330. Per the instructions I assume that I must file 3 separate 5330's, since the original filing due dates would have been different for each year. Is this correct?

Also, in one of these years we actually did file a 5330, but the DOL has concluded that were additional late deposits. How do I handle this situation? Do I file an amended 5330 remitting the difference between the total due and the amount originally submitted? That appears to be correct since there is actually a box for amended returns, but I am not positive.

Thanks in advance for any guidance.

[E as in ERISA]

You are correct that three Form 5330s are required (but I will tell you that in my experience clients typically just file the most recent one).