BG5150 Posted October 11, 2024 Posted October 11, 2024 Plan assets transferred from Carrier A to Carrier B in 2023. Auditor is looking for reportable transactions (those over 5% of assets). I've never completed that for any transfer between carriers before. Have you? I've had several other plans change carriers mid-2023 and none of them were asking for this. The exception is an individual account where the participant directs the transaction, but the participants in these cases don't direct these transfers. Do I have to attach a schedule per 4j on the Schedule H? QKA, QPA, CPC, ERPATwo wrongs don't make a right, but three rights make a left.
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