What is the penalty period for not delivering a Summary of Material Modification within 30 days after a participant's request?

• A. 60 days
• B. 30 days
• C. 15 days
• D. 210 days

Answer: (B)

When a participant asks for a Summary of Material Modification, the plan administrator must provide it within 30 days. This 30-day window ensures timely disclosure of material changes to the plan that aren’t already described in the Summary Plan Description, so participants can understand how those changes affect their benefits. If the SMM isn’t delivered within that 30-day period, penalties can apply for late delivery. It’s useful to keep in mind that the 210-day requirement relates to distributing a SMM after changes are adopted overall, not to responding to a specific request. Therefore, the penalty period in this scenario is 30 days.