Egregious failures. In cases involving failures that are egregious (as described in section 4.09), (a) the maximum compliance fee applicable to the plan under the chart in 12.01(1) is increased to 40 percent of the Maximum Payment Amount and (b) no presumptive amount applies.
Appears in 6 contracts
Samples: Revenue Procedure, Revenue Procedure, Revenue Procedure
Egregious failures. In cases involving failures that are egregious (as described in section 4.094.07), (a) the maximum compliance correction fee applicable to the plan under the chart in 12.01(113.05(1) is increased to 40 percent of the Maximum Payment Amount Amount, and (b) no presumptive amount applies.
Appears in 2 contracts
Samples: Employee Plans Compliance Resolution System, Rev. Proc. 2000 16
Egregious failures. In cases involving failures that are egregious (as described in section 4.09), (a) the maximum maxi- mum compliance fee applicable to the plan under the chart in 12.01(1) is increased to 40 percent of the Maximum Payment Amount and (b) no presumptive amount applies.
Appears in 1 contract
Samples: Revenue Procedure
Egregious failures. In cases involving in- volving failures that are egregious (as described de- scribed in section 4.094.07), (a) the maximum compliance correction fee applicable to the plan under the chart in 12.01(113.05(1) is increased in- creased to 40 percent of the Maximum Payment Amount Amount, and (b) no presumptive amount applies.
Appears in 1 contract
Samples: Closing Agreements