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We own a small business with me and my spouse as owners. We made contributiuons to a SEP IRA, wrote a single check and asked the investment company contact for specific instructions on allocating funds. The company allocated all the funds into one account instead of splitting the funds 50% each. We showed profit sharing contributions as 50% each in our filing. When contacted to resolve the issue the company refused to correct the issue as they did not get specific allocation instructiuons. How can we fix this issue as it is already past 2 years? does it fall under ERISA rules? My retirement specialist says it does not pose any issues as there are no external employees. Is this true? If not, what can be done to fix this?