You can also shim the pump up off the tunnel approx 1/4"-5/16". Just unbolt the pump and stack some washers under it.
Problem occurs because the pump is bolted flat to the tunnel, lays in water from the melting snow, then sucks the water in through the hole. Then freezes when the sled sits.
If your sled is piped, I would leave the hole open and shim the pump up. If its stock, dosn't matter, close the hole or shim.
The hole is there for venting on the backside of the diaphragm. With it closed, it could dampen the diaphragm movement slightly. By not allowing the backside pressure/vacuum to vent. This could reduce the max fuel flow rating of the fuel pump. Not an issue with a stock sled, however if your modded up (pipes, porting, large main jets, etc). You'll want that pump to be able to deliver max fuel flow.