USA Solo 401k and K-1 income/losses

[primetime5]

Hi all. I have a solo 401k investment in a private placement and received a K-1 in the name of the trust the 401k is set up under. I just wanted to know if there is any reason I would need to show this in my tax return. In case it matters, I am a material participant in the partnership and this year Box 1 shows a small loss.

So do I need to do anything with this or is this just to be kept for my own records?