justbsur Posted January 27, 2010 Posted January 27, 2010 Q 40 of the DOL's FAQ's about the 2009 Form 5500 Schedule C indicates that a plan administrator need NOT report a service provider as "failing to provide information necessary to complete the Schedule C" (line 4 of Sch C), if the plan administrator receives a statement from the service provider indicating that a good faith effort was made to make timely changes and despite such efforts, the service provider was unable to complete the changes for the 2009 plan year. My question is - how many service providers are planning on providing such a statement to their clients? If you've made changes to your system(s) that you feel cover most or all of the required Schedule C reporting, are you also planning on providing such a statement? Thanks in advance!!
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