Regulations last checked for updates: Feb 16, 2025

Title 29 - Labor last revised: Jan 31, 2025
§ 4204.12 - De minimis transactions.

The criterion under this section is that the amount of the bond or escrow does not exceed the lesser of $250,000 or two percent of the average total annual contributions made by all employers to the plan, for the purposes of section 304(b)(3)(A) of ERISA and section 431(b)(3)(A) of the Code, for the three most recent plan years ending before the date of determination.

[61 FR 34084, July 1, 1996, as amended at 80 FR 55009, Sept. 11, 2015; 86 FR 1270, Jan. 8, 2021]
authority: 29 U.S.C. 1302(b)(3), 1384(c)
source: 61 FR 34084, July 1, 1996, unless otherwise noted.
cite as: 29 CFR 4204.12