(a) General. The administrator of a plan filing an annual report
pursuant to Sec. 2520.103-1(a)(2) or the report for a group insurance
arrangement pursuant to Sec. 2520.103-2 shall, as provided in the
instructions to the Form 5500 ``Annual Return/Report of Employee Benefit
Plan,'' include as part of the annual report the separate financial
schedules described in paragraph (b) of this section.
(b) Schedules. (1) Assets held for investment. (i) A schedule of all
assets held for investment purposes at the end of the plan year (see
Sec. 2520.103-11) with assets aggregated and identified by:
(A) Identity of issue, borrower, lessor or similar party to the
transaction (including a notation as to whether such party is known to
be a party in interest);
(B) Description of investment including maturity date, rate of
interest, collateral, par, or maturity value;
(C) Cost; and
(D) Current value, and, in the case of a loan, the payment schedule.
(ii) Except as provided in the Form 5500 and the instructions
thereto, in the case of assets or investment interests of two or more
plans maintained in one trust, all entries on the schedule of assets
held for investment purposes that relate to the trust shall be completed
by including the plan's allocable portion of the trust.
(2) Assets acquired and disposed within the plan year. (i) A
schedule of all assets acquired and disposed of within the plan year
(see Sec. 2520.103-11) with assets aggregated and identified by:
(A) Identity of issue, borrower, issuer or similar party;
(B) Descriptions of investment including maturity date, rate of
interest, collateral, par, or maturity value;
(C) Cost of acquisitions; and
(D) Proceeds of dispositions.
(ii) Except as provided in the Form 5500 and the instructions
thereto, in the case of assets or investment interests of two or more
plans maintained in one trust, all entries on the schedule of assets
held for investment purposes that relate to the trust shall be completed
by including the plan's allocable portion of the trust.
[[Page 413]]
(3) Party in interest transactions. A schedule of each transaction
involving a person known to be a party in interest except do not
include:
(i) A transaction to which a statutory exemption under part 4 of
title I applies;
(ii) A transaction to which an administrative exemption under
section 408(a) of the Act applies; or
(iii) A transaction to which the exemptions of section 4975(c) or
4975(d) of the Internal Revenue Code (Title 26 of the United States
Code) applies.
(4) Obligations in default. A schedule of all loans or fixed income
obligations which were in default as of the end of the plan year or were
classified during the year as uncollectible.
(5) Leases in default. A schedule of all leases which were in
default or were classified during the year as uncollectible.
(6) Reportable transactions. A schedule of all reportable
transactions as defined in Sec. 2520.103-6.
(c) Format requirements for certain schedules. See the instructions
to the Form 5500 ``Annual Return/Report of Employee Benefit Plan'' as to
the format requirement for the schedules referred to in paragraphs
(b)(1), (b)(2) or (b)(6) of this section.
[65 FR 21083, Apr. 19, 2000] 
