5330 PROCEDURES

[JKW]

In regards to filing 5330s for late 401k deposit. In 2008 the plan had a late 401k deposit of about 500. It was discovered in 2009 so the earnings were calculated (about $35) and deposited as earnings in the 2009 plan year. The Form 5330 was done with the 2008 5500 ($12 penalty). For 2009 we have to report the late deposit again on the 5500 b/c it was corrected in 2009, but I have also read that I have to do another form 5330 - is that correct? What amounts do I put on the 5330? Any help would be appreciated.

Thanks.