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Updates to the DFVCP: The Good, the Bad, and the Quirky
Ferenczy Benefits Law Center
[Guidance Overview] Aug. 7, 2025 "[T]he Plan Administrator only needs to enter the Plan Sponsor's taxpayer EIN and the Plan Number.... [T]he program will pull up ALL potentially late filings for the Plan (and the potential penalty), and the Plan Administrator can indicate which are being filed under DFVCP.... [The tool] also reports all filings that were previously corrected through DFVCP.... The bad part of this new enhancement is that the DFVCP payment screen will reflect filings as 'late' that were actually filed on time." MORE >> |
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