Is the AS/400 on a point to point or multi-drop line? There is a known issue a while back on AS/400 and Cisco routers on multi-drop line. AS/400 has a different behavor on idle characters than FEP. Please find out if the AS/400 has PTF# MF10030 applied or not.
Regardless if the patch is applied or not, please configure "idle-character mark" and "sdlc k1" on the sdlc interface. The commands should fix the issue.
If not, please run debug sdlc packet and AS/400 communication trace at the same time. If you have more than one SDLC interfaces or more than 1 SDLC addresses on the interface, please shut down all other interfaces.