@abc481 , sorry missing on 3520. Both 3520 and 8938 are really informational. However, 3520 is used only when there is a distribution and of value US$100,000. In any case per instruction of form 8938, there is no need for duplicative reporting.--- that is the holding needs to be reported only once ( but may have to referred in the other ). Since you have had no distribution and/or contribution you do not come under the rules for 3520.
Does that answer your query ? Is there more I can do for you ?
