With July 31st passing (the deadline for Form 5500 without an extension), it’s a great way to ponder if you have any outstanding Form 5500 issues such as a late return or an incomplete return (such as one missing a plan audit).
If you have any of those issues, make sure you file with the delinquent fiduciary voluntary compliance program and pay the fee, rather than get a bill for tens of thousands of dollars in penalties.