Get Dol Vfcp Application Form

Completing the DoL VFCP Application Form online can seem daunting, but this guide will help you navigate the process step-by-step. The form is essential for those seeking to correct fiduciary breaches under the Voluntary Fiduciary Correction Program.

Follow the steps to successfully complete the application form.

1. Click ‘Get Form’ button to obtain the form and open it in the online editor.
2. Begin by entering the applicant name and address in the designated fields. Ensure that this information is accurate and up-to-date for correspondence purposes.
3. Identify the transactions that have been corrected. Check all relevant boxes from the provided list.
4. In the correction amount section, provide the principal amount and the lost earnings or restoration of profit amounts along with their corresponding dates paid.
5. Describe the breach and its correction in the narrative section. Be sure to include the names of those materially involved and explain how the breach occurred, attaching any separate sheets as necessary.
6. If applicable, provide a statement from the plan official regarding the earliest date participant contributions could have been segregated from general assets.
7. Complete any necessary calculations demonstrating how the principal amount and lost earnings were determined. Attach supporting documentation if required.
8. Fill out the supplemental information section, including details about the plan sponsor, plan name, administrator, and other required identifiers.
9. Indicate whether relief is being sought under PTE 2002-51. If yes, follow up with the required documentation as prompted.
10. Attach proof of payment specifics, such as receipts or bank statements as evidence of correction completion.
11. Complete the authorization of preparer section, ensuring the plan official signs and dates where indicated.
12. Finally, review the penalty of perjury statement, ensuring all required signatures and dates are provided before submission.
13. After filling out the form, you can save your changes, download, print, or share it as required.

Start filling out your DoL VFCP Application Form online today to ensure compliance and corrections are made promptly.