403(b) large plan and 5500/TIAA reporting

[kwalified]

TIAA reports asset totals based on Total Assets under management which includes contracts that may other wise be excludable (e.g. participants who terminated prior to 1/1/09). For 5500, Sched A, H reporting purposes is it advisable to use those values or do they need to be adjusted down to reflect those accounts that are excludable. Thanks for your thoughts.

[Flyboyjohn]

Excluding pre-2009 assets and participants is optional so if exclusion won't get you below the audit threshold really no need

[Lori H]

I guess it would be less cost for the client on administrative expenses.