armand2706

Hello everyone, Could someone please explain to me what balance forward earning accounting represent? I'm new to the benefit plan world, and I noted that our recordkeeper has an adjustment for "Balance Forward Earnings to Allocate". I understand that this balance is allocated to each plan participant however I don't understand the basis behind this adjustment. Thank you for all your help! Armand

Hello everyone, Quick question related to the schedule of reportable transactions on a plan which was merged into another plan. My company merged its retirement plan into its 401k plan on 12/31/2015. It used to be that the 401k plan was only plan participant contributions and the retirement plan was the employer contributions. We are preparing the form 5500 for both plans and we are wondering if we should include the schedule of reportable transactions for the retirement plan (the plan that merged into the 401k plan) if the net assets as of 12/31/2015 is $0. Thank you very much for your help! It's greatly appreciated. Best regards, Armand