Schedule R for terminated plan

[Guest jusducki]

401(k) plan terminated as of 12/31/04; all distributions made in '05. Questions: Part 1, line 2 - leave blank if investment carrier for plan termination sends one check to employer and has employer cut all participant checks based on each participant's request (cash/rollover, etc.)? Line 3, put number of participants that received a distribution? Lastly, leave Coverage test on Part IV blank? Thanks in advance for your assistance.

[Bird]

Part 1, line 2 - leave blank if investment carrier for plan termination sends one check to employer and has employer cut all participant checks based on each participant's request (cash/rollover, etc.)?

Eww. Well, it says enter the EIN of the payor, so that sounds like the employer, and I'd use that EIN. Yuck.

Line 3, put number of participants that received a distribution?

"Profit Sharing plans...skip line 3"

Lastly, leave Coverage test on Part IV blank?

No HCEs benefitted; that's an exception, so yes, leave blank.