Jump to content

Schedule of Assets - Sch H, Line 4i


Alex Daisy

Recommended Posts

Is it correct to say that Column (d) cost information for the Schedule of Assets (Held At End of Year) and the column © cost of acquisitions information for the Schedule of Assets (Acquired and Disposed of Within Year) may be omitted when reporting investments of an individual account plan that a participant or beneficiary directed with respect to assets allocated to his or her account (including a negative election authorized under the terms of the plan).

What is an "Individual Account Plan" ? Does a 401(k) Plan for one Corportaion qualify as a Individual Account Plan?

Any help is greatly appreciated.

ALEX

Link to comment
Share on other sites

the instructions for line 4i schedules (it is in italics as it is a note rather than actual instructions) says

'costs' "may be omitted when reporting investments of an individual account plan that a participant or beneficiary DIRECTED with respect to assets al;located to his or her account (including a negative election authorized under the terms of the plan)

emphasis is mine.

these instructions, if you don't have them are readily available - a simple google search should find the instruction for form 5500

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...