What happens if you don’t file Form 5500? 1.17K viewsOctober 10, 2022Banking and Finance 0 Sam Smith11.38K March 19, 2021 0 Comments Spread the loveSpread the love 1 Answer ActiveVotedNewestOldest 0 Blogolu28.38K Posted March 29, 2021 0 Comments Spread the loveThe IRS penalty for late filing of a 5500-series return is $25 per day, up to a maximum of $15,000. The DOL penalty for late filing can run up to $1,100 per day, with no maximum. Spread the love Login