nerd-party-administrator Posted October 14, 2020 Posted October 14, 2020 Does anyone know if DFVCP filling fees can be paid to the DOL from plan assets (ideally, forfeitures), or do they have to be paid directly by the plan sponsor?
FORMER ESQ. Posted October 14, 2020 Posted October 14, 2020 No. DFVC filing fees are settlor expenses. They must be paid by the plan sponsor. Luke Bailey, Lou S., Bill Presson and 1 other 4
ESOP Guy Posted October 14, 2020 Posted October 14, 2020 You can never make the participants pay for the Plan Sponsor's/Administrator's mistake and not filing on time is their mistake. Lou S., Bill Presson and Luke Bailey 3
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