5500 form - Page 2 Participant Count & Tedrminated Plan

[Guest pensionslave]

Have a company that decided to terminate its 401(k) Profit Sharing Plan. As of the end of the plan year (12/31/2005) they had not yet paid out the trust assets.

We are assuming that on page 2 of the 5500 where you detail the employee count, those participants (who are still active employees with the plan sponsor) would be counted as active participants with account balances. Or, would you consider them terminated with future benefits?

[WDIK]

Based on the descriptions in the instructions, I would consider those still employed as active participants.

[Guest pensionslave]

Based on the descriptions in the instructions, I would consider those still employed as active participants.

Hopefully more than me! We thought that was the case, but wanted to get a second opinion!