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What is the Delinquent Filer Voluntary Compliance Program (DFVC)?

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What is the Delinquent Filer Voluntary Compliance Program (DFVC)?

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In an effort to encourage pension and welfare plan administrators to file overdue annual reports (commonly referred to as the Form 5500), the Department of Labors Employee Benefits Security Administration (EBSA) is providing plan administrators with the opportunity to pay reduced civil penalties for voluntarily complying with the annual reporting requirements.

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