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DOL Adjusts Penalty Amounts, Summarizes 2020 Enforcement Actions
Lockton
[Guidance Overview] Feb. 4, 2021 "[I]ncreased penalties ... include ... [1] Failure to timely file annual report Form 5500 ... $2,259 per day ... [2] Failure to timely file annual report Form M-1 ... $1,644 per day ... [3] Failure to timely provide a compliant Summary of Benefits and Coverage ... $1,190 per failure." MORE >> |
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