29 CFR 4071.3 - Penalty amount.

U.S. Code of Federal Regulations

Regulations most recently checked for updates: Aug 09, 2022

View all text of Part 4071 [§ 4071.1 - § 4071.3]

§ 4071.3 - Penalty amount.

The maximum daily amount of the penalty under section 4071 of ERISA shall be $2,400.

[62 FR 36994, July 10, 1997, as amended at 81 FR 29766, May 13, 2016; 82 FR 8814, Jan. 31, 2017; 83 FR 1556, Jan. 12, 2018; 83 FR 67074, Dec. 28, 2018; 85 FR 2305, Jan. 15, 2020; 86 FR 2542, Jan. 13, 2021; 87 FR 2341, Jan. 14, 2022]