USC 2024 ed., current through 2025-01-06 · current text · last amended by Pub. L. 93-406
The plan administrator (as defined in
section 414(g)) of each defined benefit plan to which
section 412 applies who fails to file the report required by
section 6059 at the time and in the manner required by
section 6059, shall pay a penalty of $1,000 for each such failure unless it is shown that such failure is due to reasonable cause.