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5500 Statute of limitations


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Guest padmin
Posted

401k Plan is under audit for late contributions ( we think). DOL has requested 2007 information as part of the examination. The 2007 form 5500 was filed 08/01/2008 and the audit is not scheduled until late Sept.

Does 3 year SOL apply here or can the DOL request whatever they want?. Any input appreciated

Posted

We had 1 large plan (500+ participants) audited in 2010, and they went back to 2005 for the audit.

We currently have 1 large plan (200+ participants) being audited, and they are going back to 2007.

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