DFVC Questions - can fees be waived

[TPApril]

4/30 plan year and 5558 extension was not sent in to extend past 11/30 (due to change in admin & internal confusion on responsibility). So now 5500 is late. They want to file as soon as possible and ask for fee waiver. So the following questions, which are more out of general curiosity as a result of this circumstance:

Who do they contact to request late penalty waiver?

Does checking DFVC checkbox affect eligibility to get a fee waiver? ie would you recommend they do or don't check off the box?

Is there a deadline for paying the DFVC fee?

[Lou S.]

Penalty is $25 a day right? So $475 if filed today. Can you request a waiver for reasonable cause? Those used to be successful most of the time but with DFVC available these days I don't know how successful they are now.

Is it a corporation with a 4/30 fiscal year? You can rely on the corporate extension to January 15, assuming the corp is on extension. You'll need to get a copy of that though.

You are filing using the automatic extension of time to file the Form 5500-SF return/report until the due date of the federal Income tax return of the employer and maintain a copy of the employer’s extension of time to file the income tax return with the plan’s records.

[Belgarath]

I think this will help you out.

http://www.dol.gov/ebsa/faqs/faq_dfvc.html