Schedule T - Disaggregated Parts of Plan

[Guest Justine Woodard]

On the 1999 Form 5500 Schedule T, it allows for reporting of the ratio percentages for disaggregated parts of a plan on the Schedule T itself without attachments. What do you do if a plan has a discretionary profit sharing source, but did not make a contribution for 1999?

In previous years, we completed an attachment for such sources and indicated that "No HCE's benefited". However, there is no where on the Schedule T to indicate that, for a particular source, no HCE's benefited.

Should a separate Schedule T be prepared for such sources? Or should the disaggregated source be listed without a percentage? with a 100% percentage?

Thanks for your help!

[Richard Anderson]

I believe zero divided by zero equals 100% for Schedule T purposes.