BG5150 Posted October 8, 2020 Posted October 8, 2020 We have a plan that is receiving excess DB plan assets in the Profit Sharing plan. How do I show that on the 5500? Other contribution? Transfer in? QKA, QPA, CPC, ERPATwo wrongs don't make a right, but three rights make a left.
Alonzo Church Posted October 8, 2020 Posted October 8, 2020 Did the DB Plan show it as a transfer out? If so, I would show as transfer in. Otherwise, other contribution probably makes the most sense. (nb -- I think showing it as a transfer is the most technically valid answer)
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