5500 Reporting for Self Directed Accounts

[Guest JCatt]

I'd appreciate your collective thoughts on this:

We are a mutual fund company which provides in-house recordkeeping, with the admin work doen through a number of TPA's. We are in the process of developing a self-directed brokerage feature as well, and are putting together some reporting requirements to allow the TPA's to complete the 5500's. Exactly what info do you feel should be included in the reports? Obviously the name of the securities, but should we include the value at the time of purchase/sale? The year end value? If so, I assume plan year end . . .

Any input you may be able to provide will be greatly appreciated.

Thanks.