Guest arlene Posted December 7, 2012 Posted December 7, 2012 What is the penality for the failure of a Plan Sponsor to provide Participants with the annual notice of service provider fees?
cpc0506 Posted December 7, 2012 Posted December 7, 2012 What is the penality for the failure of a Plan Sponsor to provide Participants with the annual notice of service provider fees? Right now there is no monetary penalty from the DOL or IRS. But a partcipant could sue the employer for failure to provide the notice.
rcline46 Posted December 7, 2012 Posted December 7, 2012 Please be more clear - 404a5 or 408b2? if 408b2 it is none of the participant's business what it is.
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