A participant has requested an "itemized accounting and valuation" of his individual account balance. All plan assets are held in the general trust and the participant has no segregated account. Wouldn't it be sufficient to provide an SAR along with the participant's benefit statement for the current year? Thanks.

What type of plan? If a DC plan, the plan already provides (at least annually), an individual statement showing the participant's account, increases via contributions or earnings, and decreases via distributions or (earnings).

Yes, it's a defined contribution plan. The participant is actually a co-trustee as well but b/c of unrelated litigation b/t the participant and one of the principal shareholders of the e/er, the participant's attorney is apparently just trying to get to the principal shareholder.

Forgive my stupidity, but what kind of DC plan does not have a segregated account for all participants?

Probably referring to the fact that the plan does not have individually directed investment accounts.

Correct, WDIK....