Almost half of all businesses noncompliant with form 5500.

• Position: Survey Says - Survey

According to a recent survey, almost 50 percent of employers are noncompliant in their Form 5500 filings.

Common errors included companies not realizing that they had to file the form for all benefits; assuming that a vendor, third-party administrator or broker is submitting the documents; or thinking that filing for one benefit plan satisfies requirements for all the benefit plans.

Penalties for...