BeccaERISA Posted October 30, 2015 Posted October 30, 2015 Is as loan used to acquire stock for a leveraged ESOP reflected on Form 5500, Schedule I under total plan liabilities? From what I could find my conclusion would be "no." But, I don't see anything definitive in the Form 5500 instructions. Thanks.
ESOP Guy Posted October 30, 2015 Posted October 30, 2015 We always put it on the Sch H and I. I am curious what is leading you to believe it should be "no"?
ESOP Guy Posted October 30, 2015 Posted October 30, 2015 Just double checked the instructions http://www.dol.gov/ebsa/pdf/2014-5500inst.pdf Top of page 44 tells you things to include 3. Other liabilities such as acquisition indebtedness and any other amount owed by the plan
BeccaERISA Posted October 30, 2015 Author Posted October 30, 2015 I may just have been interpreting/misreading the guidance I found online - as I am not very familiar with the topic. http://benefitslink.com/modperl/qa.cgi?database_id=22&mode=read&database=qa_esop Thanks for your help!
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