<nearly_blind[at]yahoo.com> wrote:

- quote -

It appears only the trustee (Fidelity) is authorized to file
Schedule P. If managed by Fidelity, there's really nothing
to be concerned about, IRS audit-wise. On a one-person,
defined contribution plan, I can't think of any possible
audit issue on the plan itself.

Reg,
Fred F.

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I have SE 401K managed by Fidelity opened in 2004.
I'm not required to file 5500 because I'm
the only participant and the assets are < 100K.

However, I noticed if you file Schedule P-5500 it starts the
3 year limit for the IRS to seek back taxes on the plan do
to some problem.

Is it worth filing 5500 + Schedule P for this purpose only?

I'm guessing that unless Fidelity did something dumb
I shouldn't have any problems.

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