austin3515 Posted April 24, 2015 Share Posted April 24, 2015 FT for the first time on the 2014 SAR's is adding into the SAR the disclosure that there are "non-exempt transactions with parties in interest" (or something to that affect) when we indicate that there were late deposits. Are other software providers doing this too? It is a true statement of course, but I am just curious if there was any printed position on this from DOL, etc. I know for example that we do not attach the Schedule G for these on an audited plan. Somehow I doubt the DOL ever said "it's ok if you don't tell your participants about this" but thought I would ask. Austin Powers, CPA, QPA, ERPA Link to comment Share on other sites More sharing options...
Kevin C Posted April 27, 2015 Share Posted April 27, 2015 Is the new language in the Your Rights to Additional Information section? Or, somewhere else? 2520.104b-10(d)(3) lists non-exempt transactions with parties-in-interest as one of the items to be listed in that section of the SAR if it is included in the annual report. Link to comment Share on other sites More sharing options...
austin3515 Posted April 27, 2015 Author Share Posted April 27, 2015 I agree it is required (and yes that;s the disclosure), our Software just didn't start including it until recently. Austin Powers, CPA, QPA, ERPA Link to comment Share on other sites More sharing options...
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