DOL/IRS Audit Flag for Change on Schedule A

[Guest L337pwner5]

Does anyone have an opinion (preferably informed, but I'll take what I can get) on whether the following situation would be likely to trigger an IRS or DOL audit:

For a welfare benefit plan, on the 2006 Form 5500, an Administrative Services Only contract with an insurance company was reported on a Schedule A, even though it shouldn't have been. On the 2007 Form 5500, Schedule A, the ASO contract is not reported.

Does the DOL or IRS compare a new annual report filing with previous years' filing to identify differences? My inclination is that the agencies will not care. Am I wrong?

[WDIK]

I would not consider this an "informed" opinion, but I would be as surprised as a pig at a bacon reunion party if anything (excepting commision/fee information) on a Schedule A drew any attention at all.

[Guest L337pwner5]

Thanks for the input, WDIK!

[Guest Bearlee]

I would not consider this an "informed" opinion, but I would be as surprised as a pig at a bacon reunion party if anything (excepting commision/fee information) on a Schedule A drew any attention at all.

I agree. I used to work for EBSA and your situation would merit little review. Now if there was some concerted effort to crack down on brokers or if there was a project on administrative service fees listed on Schedule As -- perhaps, but I don't think that's of too high priority, at least at the DOL.