Amended Form 5500

[kocak]

When amending a Form 5500 do you

1. Refile the Form, all attachments (Schedule A, C, SSA, etc.) and Schedule P; or

2. File the Form, all attachments (Schedule A, C, SSA, etc.) without Schedule P; or

3. File the Form and only those attachments (Schedule A, C, SSA, etc.) that have changes?

Assume there are no changes to the Schedule P that was filed with the original return.

Thanks

[BeckyMiller]

You should look at the filing instructions to the Form 5500 series for the years that you believe need to be amended.

In general, you mark box A(2) on the face of the form, you file the entire report with all Form 5500 series schedules (including Schedule P) and circle the question numbers for the responses that have changed from the prior report.

The instructions do not require it, but I recommend that you attach a statement explaining the reason for the amendment.

The instructions are silent about the audited financial statements for a large plan, assets held for investment purposes, reportable transaction reports, etc. I would file a complete report, if possible. But I would not lose sleep over the failure to attach the audit report, except in cases where it too has changed.