Dividends must be listed on Schedule E if they remain in the plan?

[Guest Bob Lees]

We have a plan that allocated dividends in the ESOP to the participants. We did not pay these dividends to the participants, they remain in the plan. On the Schedule E of the Form 5500 question 15(e) asks for dividends paid to participants, do we have any to list in 15(e)?

[RLL]

Hi Bob ---

If dividends have not been "passed through" to ESOP participants, there are no dividends to report in item 15(e) of Schedule E. Dividends which are allocated to participants' accounts under the ESOP have not been "paid to participants."