Inoac USA 401(k) Savings Plan
Inoac USA, Inc., Bardstown KY. Employer ID 133355311, plan number 001. Annual reports on file for 2011 to 2024.
Where the money went
Plans that moved money into this one:
- 2011: money from Inoac Automotive, LLC 401(k) Savings Plan moved in.
- 2015: money from Crest Foam Industries Inc. Union 401k Plan moved in.
- 2024: money from Inoac Exterior Systems, LLC Retirement Savings and Profit Sharing Plan moved in.
- Filed 2011-2024Inoac USA 401(k) Savings Plan, Inoac USA, Inc.
- TodayInoac USA 401(k) Savings Plan still files. Ascensus LLC keeps the records. That is where to ask.
Records are kept by Ascensus LLC, per the 2024 filing.
Left in 2020? Worth asking about employer money
- In plan year 2020, active participants fell from 643 to 477 (26%), and 60 people left before they were fully vested. When a plan loses about 20% or more of its participants in a year, the IRS presumes a partial plan termination (Revenue Ruling 2007-43). Everyone who left in that period must then be fully vested in the employer's contributions. A 2021 law (Consolidated Appropriations Act, section 209) can excuse a drop between March 2020 and March 2021 if the plan had rehired enough people by March 31, 2021. Filing
This is a reason to ask the plan, not a finding. The plan decides, and it may show the drop was routine.
Worked here?
Check your years. We show whether the plan merged or moved money while you were there, and draft the letter to the plan that holds it now.
Events in the filings
No unusual events.
People in the plan
"Left, still in the plan" counts people who left the employer but still have a benefit in the plan, as reported by the plan.
| Plan year | Participants | Left, still in the plan | Source |
|---|---|---|---|
| 2013 | 630 | 78 | Filing |
| 2014 | 640 | 116 | Filing |
| 2015 | 864 | 211 | Filing |
| 2016 | 986 | 221 | Filing |
| 2017 | 1,176 | 472 | Filing |
| 2018 | 1,191 | 513 | Filing |
| 2019 | 1,218 | 574 | Filing |
| 2020 | 1,112 | 635 | Filing |
| 2021 | 1,071 | 588 | Filing |
| 2022 | 1,078 | 602 | Filing |
| 2023 | 1,231 | 609 | Filing |
| 2024 | 2,122 | 977 | Filing |
Source: U.S. Department of Labor Form 5500 filings. Plan-level facts only; no one's balance. Information only, not legal advice.