Schedule A - Post Merger - Nontransferred Assets

[JRG]

A client in 2009 had merged the 401k plan of a subsidiary into the Parent company's 401k plan. The subsidiary 401k plan was funded in part by a GAC, which contained some assets (say 20%) which could not be liquidated at the time of the merger, and thus, the GAC still exists outside of the Parent 401k Trust (the liquid assets were liquidated and transferred to the Parent 401k).

Should the subsidiary 401k plan's GAC be reported on Schedule A for the Parent 401k's Form 5500? Are there any special issues we should be aware of?

Thanks.

[rcline46]

Due to the merger, the GAC is part of the Parent Trust and must be reported. It is merely held in a different location.

By the way, good luck record keeping the GAC. I would bet it is a non-404© asset.