DOL Increases Penalties For 2022

Description 

2022 Penalty (New) 

2021 Penalty (Old) 

Failure to file Form 5500 

Up to $2,400 per day 

Up to $2,259 per day 

Failure of a MEWA to file reports 

Up to $1,746 per day 

Up to $1,644 per day 

Failure to provide CHIP Notice 

Up to $127 per day per employee 

Up to $120 per day per employee 

Failure to disclose CHIP/Medicare coordination to the State 

$127 per day per violation (per participant/beneficiary) 

$120 per day per violation (per participant/beneficiary) 

Failure to provide SBCs 

Up to $1,264 per failure 

Up to $1,190 per failure 

Failure to furnish plan documents (including SPDs/SMMs) 

$171 per day 

$1,713 cap per request 

$161 per day 

$1,613 cap per request 

Genetic information failures 

$127 per day 

(per participant/beneficiary) 

$120 per day 

(per participant/beneficiary) 

De minimis failures to meet genetic information requirements 

$3,192 minimum 

$3,005 minimum 

Failure to meet genetic information requirements – not de minimis failures 

$19,157 minimum 

$18,035 minimum 

Cap on unintentional failures to meet genetic information requirements 

$638,152 maximum 

$601,152 maximum