What Consequence Does an Employer Who Does Not Comply with the Consolidated

What consequence does an employer who does not comply with the Consolidated Omnibus Budget Reconciliation Act face?

A) The employer will go to jail for no more than 60 days and be required to pay 50 percent of the annual cost of benefits.
B) The employer will go to jail for no more than 30 days and be required to pay 20 percent of the annual cost of benefits.
C) The employer will be required to pay 10 percent of the annual cost of the group plan or $500,000, whichever is less.
D) The employer will be required to pay 50 percent of the annual cost of the group plan or $100,000, whichever is less.