As many of you probably know, the Schedule A on the form 5500 provides detailed information on an insurance policy: the carrier, any brokers involved, fees and commissions, premiums, policy features and renewal dates, etc. Most of this information is supposed to be provided by the carrier to the party actually filing the form.

What you might not know is that, at the very bottom of the Schedule A, there's a little checkbox that asks whether or not the insurance carrier provided all of the information they were supposed to. A box where the filer can say, "It's not my fault I'm not compliant! The carrier did it!"

Whether the DOL enforcement office takes pity on those filers I cannot say. What I can say is which carriers are prone to making the most mistakes.