Solo 401(k) with checkbook control reporting

[Bruce M.]

For those of you that have a Solo 401k with checkbook control, does your financial institution that holds the funds perform any reporting? For example, do they issue a 1099? My understanding is that the only reporting is the 5500-EZ and that is created by the 401k trustee/participant

I was told by one institution that they generate a 1099, and another that they generate nothing. What is the reality?