401(k) Late Deposit Auditor
$91,988.43 of $1,113,436.59 withheld reached the trust late or not at all (4 of 26 payrolls); lost earnings through September 24, 2026 are $597.44 and $91,988.43 goes on Schedule H line 4a.
Deposit TRF-250408-01 of $43,322.24 for pay date 03/21/2025 arrived 04/08/2025, business day 12, after the deadline of 04/01/2025 (7 business day benchmark). $43,322.24 x ((1 + 7%/365)^18 - 1) = $149.79 lost earnings, plus interest to 09/24/2026 of $149.79 x ((1 + 7%/365)^534 - 1) = $16.15; $165.94 is owed to the plan.
Method1Deferrals and loan repayments become plan assets as soon as they can reasonably be segregated, and no later than the 15th business day of the month after the pay date (29 CFR 2510.3-102(a)(1) and (b)(1)).
2Plans with fewer than 100 participants get the 7 business day safe harbor of 29 CFR 2510.3-102(a)(2); this plan was treated as large (152 participants).
| Pay date | Deposit date | Issue |
|---|---|---|
| 03/21/2025 | 04/08/2025 | Late: beyond timeliness benchmark |
| 05/30/2025 | 07/02/2025 | Past 15th business day outer limit |
| 07/25/2025 | 08/12/2025 | Late: beyond timeliness benchmark |
Payroll dates with deferral amounts, plus trust deposit dates
Late deposit schedule, lost earnings and Form 5500 line 4a amount (VFCP correction summary, Late deposit schedule (CSV), Schedule of Delinquent Participant Contributions (CSV))
$3,000 / month, 30% to the referring partner
Read in memory for the session, never stored, never used to train a model.
Not employment law advice. Decisions about people must stay with a human reviewer and follow the employment laws that apply to you. Not financial, investment, banking or securities advice. Filings and screening results must be reviewed by a qualified compliance professional.