ATCP 100.135(5)(a)3.3. For the milk contractor’s 5th or higher consecutive full license year as a contributing milk contractor, the milk contractor’s debt to equity ratio assessment factor is zero. ATCP 100.135(5)(b)(b) A milk contractor’s debt to equity ratio assessment factor under sub. (4) (b) to (d) is 0.00225, except that, for the milk contractor’s 5th or higher consecutive full license year as a contributing milk contractor, the milk contractor’s debt to equity ratio assessment factor is 0.001. ATCP 100.135(6)(a)(a) If a contributing milk contractor files security under s. 126.47 (1) (b), Stats., the milk contractor’s fund assessment under sub. (1) is reduced by the amount provided in s. 126.46 (5m), Stats. This reduction is in addition to any reduction provided under par. (b). ATCP 100.135(6)(b)(b) If a contributing milk contractor files security under par. (d) in an amount that is at least equal to the milk contractor’s estimated default exposure less the maximum fund reimbursement amount, the milk contractor’s annual fund assessment under sub. (1) for that year is reduced by an amount that is determined as follows: ATCP 100.135(6)(b)1.1. Subtract the maximum fund reimbursement from the milk contractor’s estimated default exposure. ATCP 100.135(6)(b)3.3. Multiply the results in subd. 2. by the amount of the milk contractor’s annual fund assessment under sub. (1). ATCP 100.135(6)(c)(c) Notwithstanding pars. (a) and (b), no contributing milk contractor may pay a fund assessment that is less than the minimum fund assessment under sub. (9). ATCP 100.135(6)(d)(d) A milk contractor may at any time file security with the department, regardless of whether the milk contractor is required to file security. Except as provided in par. (b), a voluntary security filing under this paragraph does not relieve a milk contractor of any other obligation to file security or pay fund assessments. ATCP 100.135 NoteNote: A milk contractor who files voluntary security under par. (d) may be eligible for a reduction in fund assessments under par. (b), and may be able to make a more favorable disclosure to producers under s. ATCP 100.20 (2). ATCP 100.135(7)(a)(a) A contributing milk contractor shall pay the milk contractor’s annual fund assessment in equal quarterly installments that are due as follows: ATCP 100.135(7)(b)(b) A contributing milk contractor may prepay any of the quarterly installments under par. (a). ATCP 100.135(7)(c)(c) A contributing milk contractor who applies for an annual license after the beginning of a license year shall pay for the full annual fund assessment required under this section. The milk contractor shall pay, with the first quarterly installment that becomes due after the day on which the department issues the license, all of the quarterly installments for that license year that were due before that day. ATCP 100.135(7)(d)(d) If s. 126.45 (1) (b), Stats., requires a license milk contractor to become a contributing milk contractor during the license year, the milk contractor shall pay only those quarterly installments that become due after the requirement takes effect. ATCP 100.135(7)(e)(e) A contributing milk contractor who fails to pay the full amount of any quarterly installment when due shall pay, in addition to that installment, a late payment penalty of $50 or 10% of the overdue installment, whichever is greater. ATCP 100.135(8)(8) Notice of annual assessment and quarterly installments. When the department issues an annual license to a contributing milk contractor, the department shall notify the milk contractor of all of the following: ATCP 100.135(8)(a)(a) The amount of the milk contractor’s annual fund assessment under this section. ATCP 100.135(8)(b)(b) The amount of each required quarterly installment under sub. (7) and the date by which the milk contractor must pay each installment. ATCP 100.135(8)(c)(c) The penalty that applies under sub. (7) (e) if the milk contractor fails to pay any quarterly installment when due. ATCP 100.135(9)(9) Minimum fund assessments. A contributing milk contractor shall pay the following minimum assessment if that minimum assessment is greater than the amount calculated under sub. (1) less applicable reductions under sub. (6): ATCP 100.135(9)(b)(b) If the milk contractor reports an amount under s. 126.41 (6) (a), Stats., that is at least $1.5 million but less than $6 million, the minimum assessment is $200.