Questions on Form 5330

[JKW]

I have a few plans that require the filing of the form 5330 for 2009 and I need some clarification.

Example 1.

Plan had a few late payroll deposits in 2009 which were deposited in 2009. The lost earnings were only $15 and were applied to the plan in 2010. How do I report this on the 5330 on Sch C? I believe I put the due date, description and the amount of the interest of $15 in the amount of prohibited transaction.

Is this correct?

Since the interest was not deposited until 2010, I read that a 5330 has to be done in 2010 too. What do I put on the 2010 5330? And can I do a 5330 now for that now?

Example 2.

Plan had late deposits in 2009 which were not discovered until 2010. Then deferrals were deposited, interest calculated and deposited into the plan in 2010. The interest was calculated from the due date to the date the actual deposit was made in 2010. The interest for 2009 was $500 and the 2010 interest was $200.

Again I have to do two 5330's one for 09 and 10. What do I put on each 5330?

Thanks for any help.

[GrammieMame]

Kicking this up, hoping someone will answer. I have the exact same question