Lost Earnings on Schedule H

[sam2012]

I was curious as to opinions as to how on the income statement of the 5500 the lost earnings that an employer deposits to the plan due to late deposits of employee contributions and loan payments (or any type of restorative payment) should be shown? We have been showing as “other interest” or I suppose since we are now doing more calculations using highest performing fund and not DOL calculator maybe this should go under “other income” or possibly lumped in with earnings of the type of investment in the plan (e.g. mutual funds).

Perhaps this could be shown as an employer contributions? Does anyone do this? This is not an employer contribution from the corporate side of things as not part of the 404(a) limit and the IRS has said it is just a business expense. Thoughts and opinions?

I tried to find some formal clarification but could not find anything so if anyone has anything definitive that would be helpful too.

[BG5150]

I would put it under "other income."

To be honest, I don't think it matters a whole heckuva lot if you put it in other interest of other income.