Overfunded contributions

[401kallday]

If an employer overfunded their employer contributions throughout the year, would you report them as contributions on the Form 5500 even though they are being moved to an unallocated account? 

[ESOP Guy]

Why do you think you can have unallocated employer money in a 401(k) plan?  

Whatever they are they sure sound like ER contributions that need to be reported as such on the 5500. 

Now the question is:   Has the plan handled them properly in terms of allocating them?

[Lucky32]

You could show them as payables/liabilities so that both the gross and net amount of the assets are shown on the 5500. 

[Bird]

18 hours ago, Lucky32 said:

You could show them as payables/liabilities so that both the gross and net amount of the assets are shown on the 5500. 

That would make the numbers work but as ESOP Guy points out, there shouldn't be unallocated money in a 401(k) plan.