Does a plan administrator waive any rights upon filing under the DFVC Program?
Yes. Payment of the penalty amount under the terms of the DFVC Program constitutes, with regard to the filings submitted under the Program, a waiver of the right both to receive notice of the assessment from the Department and to contest the Departments assessment of the DFVC Program penalty amount.
Related Questions
- If a filing has been made under the DFVC Program, will the plan administrator be liable for any other Department of Labor annual reporting civil penalties?
- Does a plan administrator waive any rights upon filing under the DFVC Program?
- Does a plan administrator waive any rights upon filing under the DFVCP?