Late5500Terms of service
Late5500 is a document-preparation service. From the answers you give, the return you upload and the DOL's public Form 5500 data, it determines which plan years are late, which correction program applies, computes the program penalty from the DOL's and IRS's published rules, and drafts filing instructions, worksheets, letters and checklists.
Not tax or legal advice, not representation, we don't file
Late5500 is not a law firm, accounting firm or enrolled agent and does not provide tax, accounting or legal advice. We are not affiliated with, endorsed by, or acting for the U.S. Department of Labor, the IRS or the PBGC. We do not file returns, make payments or contact any agency for you, and we do not represent you. The DOL's DFVC calculator and the IRS determine final amounts, and we don't guarantee that any filing will be accepted or any penalty relief granted. Use a CPA or ERISA professional for audits, defined benefit plans, or if you have received a DOL or IRS notice.
Your responsibilities
You are responsible for the accuracy of your answers, for checking every value against your plan's records, for completing every item marked “Fill in”, for filing each return on the correct form and paying any penalty, and for meeting every deadline.
Payment
The kit is a one-time purchase that unlocks downloads for one plan (one EIN and plan number), covering all of its late years.
Liability
To the extent permitted by law, our total liability is limited to the amount you paid.