Which plans must provide information on distributions made from a record keeper's EIN in their 5500 schedule R?

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The obligation to provide information on distributions made from a record keeper's EIN in the Form 5500 Schedule R applies to both large and small plans. This is necessary to ensure transparency and regulatory compliance regarding the financial activities of retirement plans, regardless of their size.

Large plans, defined typically as those with more than 100 participants, must adhere to comprehensive reporting rules due to their size and potential impact on participants and the market. However, small plans, generally those with 100 or fewer participants, are also required to present certain financial data, including distributions, to maintain clarity and consistency in reporting.

By requiring both types of plans to detail distributions from the record keeper's Employer Identification Number (EIN), the regulations are designed to protect participants and ensure proper oversight of retirement funds across the board. This collective requirement helps in the monitoring of compliance with federal regulations aimed at safeguarding retirement savings.