DOL issues guidance on reporting delinquent participant contributions.
The U.S. Department of Labor's Employee Benefits Security Administration has issued frequently asked questions and answers to provide guidance to plan administrators and accountants on complying with the requirements of the 2003 Form 5500 Annual Return/Report of Employee Benefit Plan for reporting delinquent delinquent 1) adj. not paid in full amount or on time. 2) n. short for an underage violator of the law as in juvenile delinquent.
DELINQUENT, civil law. He who has been guilty of some crime, offence or failure of duty. participant contributions in the Form 5500 Schedules. The guidance is available on EBSA's Web site at www.dol.gov/ebsa/faqs/faq_compliance_5500.html#.
The 2003 Form 5500 instructions state that delinquent participant contributions reported on Line 4a should be treated as part of the supplemental schedules for purposes of reporting on the plan's financial statements by the independent auditor Independent Auditor
An external auditor with a certified public accounting designation that qualifies him or her to provide an auditor's report.
These auditors aren't affiliated with the company being audited. , and the independent auditor would express an opinion on whether the scheduled information is presented fairly in all material respects in relation to the basic financial statements taken as a whole. Questions concerning this guidance may be directed to the EBSA's EFAST EFAST ERISA Filing Acceptance System Help Line at 866/463-3278, Monday Monday: see week. through Friday Friday: see Sabbath; week.
young Indian rescued by Crusoe and kept as servant and companion. [Br. Lit.: Robinson Crusoe]
See : Servant from 8:00 a.m. to 8:00 p.m., Eastern Time.