Download the DWC Significance of Failure Calulator

What does "significant" mean really?

In order to be eligible to correct an operational error under the Employee Plans Compliance Resolution System's ("EPCRS") self-correction program one of the first steps is to determine whether the failure is significant or insignificant.

So how do we determine significance?

Good question. The IRS has not given a clear-cut answer, but it has provided a list of factors they consider and we've worked them into a handy calculator.

While significance is always going to be somewhat subjective, you can take some of the guesswork out of it by downloading our calculator today.