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The Employee Benefits Security Administration
(EBSA) provides many forms of compliance assistance, including voluntary
compliance programs, advisory opinions, and publications. They are compiled on
the agency's Compliance Assistance
Web page. This compilation includes information specifically developed to
assist and inform employers and employee benefit plan practitioners in
understanding and complying with the requirements of the Employee Retirement Income Security Act (ERISA) as they
apply to the administration of retirement plans. Much of the material is
specific and technical in nature. It is not intended to be the only source of
information necessary for employer-sponsored employee benefits plans to be in
compliance.
Employers and plan practitioners may also benefit by reviewing
some of the more general materials available to the public at the
Consumer Information on Health
Plans page.
Frequently Asked Questions for
Plan Sponsors, Fiduciaries, and Service Providers Related to the Events of
September 11th
Provides answers to some of the most frequently asked
questions by plan sponsors, fiduciaries, and service providers whose pension
and health plans were impacted by the events of September 11, 2001.
Frequently Asked Questions for
Plan Sponsors Related to Filing Relief
The Employee Benefits
Security Administration, the Internal Revenue Service, and the Pension Benefit Guaranty
Corporation have extended the deadline for filing the Form 5500s and Form
5500-EZs as a result of the events of September 11, 2001. These questions and
answers provide general information about the filing relief.
Delinquent Filer
Voluntary Compliance (DFVC)
Provides a description of the program that
reduces the monetary penalties for employee benefit plan administrators with
respect to plan filings to encourage voluntary compliance.
Voluntary Fiduciary
Correction Program (VFCP)
The voluntary compliance program is intended
to encourage self-correction of certain violations of ERISA and to protect the
financial security of retirement plans. This fact sheet describes the process
for making an application, the specific financial transactions covered,
acceptable methods for correcting violations, and examples of potential
violations and corrective actions.
ERISA Filing Acceptance
System (EFAST)
The EFAST system streamlines filing and processing of the
annual return/report forms through the use of computer scannable forms and
electronic filing technologies. This Web site provides assistance on using this
system.
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