Vanguard 5500 Statements, Vanguard 5500 Statements Not User-Friendly

[Guest JKE]

Now that we will have to file the expanded Form 5500, we are looking at the statements Vanguard provides for us to file the return.

They send us a multi-page report for each participant, which is basically a 12-month statement. There is no summarization of transactions at the participant level.

And they provide absolutely no information at the plan level. The firm that prepares our filing wants to quit doing our work because they don't want to deal with these Vanguard reports.

I'd like to hear from other posters who have accounts at Vanguard. What type of information do you receive?

[Below Ground]

We have a couple clients that use individual Vangard Accounts, and yes, those statements are not the most user friendly. They will, however, provide what you need. It's just a lot of work.