VCP Fee

[Randy Watson]

Is the VCP fee for failing to amend for the final 401(k) regulations based on the fee chart in Section 12 of EPCRS or is it considered an "interim amendment" and thus subject to a fee of $375?

[John Feldt ERPA CPC QPA]

$375 interim, for now.

[Randy Watson]

$375 interim, for now.

"For now". When won't it be interim...after the employer's cycle?

[John Feldt ERPA CPC QPA]

Or until the IRS changes their fee schedule!