The intricate nature of benefit laws often gives rise to errors and mistakes that carry enormous risks for employers, plan participants, and plan fiduciaries. There are three main voluntary correction programs that might apply. The IRS correction program primarily addresses retirement plans and IRAs that suffer mistakes borne of operational failures, document failures, and tax– qualification failures. The DOL correction program is offered to a very finite set of fiduciary breaches, relevant to any benefit plan subject to ERISA. The delinquent filer program handles delinquent Annual Reporting errors regarding DOL/IRS Form 5500. All correction program submissions involve a significant degree of legal strategy, which our attorneys have developed from the numerous filings with IRS and DOL in our region.