Question -

Plan purchased an investment in an LLC during the course of the plan year. As of the end of the plan year, the investment advisor said that this investment had not changed, same as what they bought in for?

What are the rules for reporting an investment that is not valued on the market? I.E., would I just check question 4g on the 5500 and then list the amount on question 3?

Thanks,

Is it a small plan that is not otherwise audited? Did you check Labor Regulations Section 2520.104-46 to see whether an audit is now required?

Yes, it is a small plan (2 participants) no audit required.

Are more than 5% of the assets in the LLC? If more than 5% of the assets of a small plan are in assets that aren't "qualifying" then there are special bonding and/or audit rules (to address the concerns you have with this type of investment).