Hi all,
We took over administration of a plan in late 2016, prior TPA doing 2016 administration. This TPA listed all plan investments as "Mutual Funds" both on Schedule H and on Schedule of Assets for line 4i. Auditor has correctly identified all assets as Pooled Separate Accounts. Should 5500 for 2016 be filed showing correct information at 2016 Year end ( all assets in Mutual Fund at beginning of year and PSA at end of year)? Do amended returns need to be filed for prior years? Should I get a life and stop worrying about things like this?
Thanks for any help.