Amended Form 5500 Schedule R

[Guest Annette Leerhoff]

My question is as follows: we prepared a Form 5500 for an ESOP. The ESOP stock is publicly traded. On Schedule R, Part I, line 1, we included the total distributions that were paid in stock. However, the instructions say to enter the total value of all distributions during the year in any form other than cash, annuity contracts issued by an insurance company, distribution of life insurance contracts, plan loan offset amounts, or publicly traded securities. Because the ESOP stock is publicly traded, we should have put zero on Schedule R, Part I, line 1.

Should we amend the 5500, Schedule R?

Thank you