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Posted

We are taking over administration for a plan that has been in existance for 4 years and is on a John Hancock platform. The piror TPA never filed the Schedule A or D. They also never filed a Schedule R. I was wondering what the penalty would be for a plan that files the Form 5500 on time but does not file all the required schedules.

Thanks for any info!

Posted

Suspect you will discover that 5500 was not timely filed.

The material provided and the opinions expressed in this post are for general informational purposes only and should not be used or relied upon as the basis for any action or inaction. You should obtain appropriate tax, legal, or other professional advice.

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