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How to complete Schedule G if employer failed to timely transmit elect


Guest BDH

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If the employer failed to transmit participant contributions to the plan within the maximum time period, and Schedule H 4a and 4d are answered "yes", how should Schedule G be completed?

Schedule G, Part III

(a) Identity: "Name of employer"

(B) Relationship: "Employer"

© Description: "Participant contributions transmitted after maximum time period."

Should the time period, amount, and applicable interest rate be stated? Should any other items be answered?

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