When properly applied, it offers a structured correction system and brings about a “no motion” letter within the DOL that successfully eliminates the potential risk of long term DOL or IRS penalties with the corrected violation. Tiny companies (100 or significantly less staff) are topic to a safe harbor rule. https://kingswoodhomes.uk.com/news/give-your-deposit-a-boost-this-summer-with-kingswood-homes/