Propel Hr 401(k) Plan
Propel Peo, Inc., Greenville SC. Employer ID 205888849, plan number 333. Annual reports on file for 2009 to 2024.
Where the money went
Plans that moved money into this one:
- 2009: money from Strategic Outsourcing, Inc. Multiple Employer 401(k) Plan moved in.
- 2011: money from Insperity 401k Plan moved in.
- 2012: money from Insperity 401k Plan moved in.
- 2015: money from Insperity 401k Plan moved in.
- 2018: money from Total Hr 401k Profit Sharing Plan moved in.
- 2021: money from Landrum Professional Employer Services Retirement Savings Plan moved in.
- 2022: money from Insperity 401k Plan moved in.
- 2023: money from Insperity 401k Plan moved in.
- 2024: money from Engage Peo Retirement Savings Plan moved in.
- 2024: money from Vensure Employer Services, Inc. 401(k) Profit Sharing Plan moved in.
- 2024: money from Insperity 401k Plan moved in.
- 2024: money from Territory Foods Retirement Savings Plan moved in.
- Filed 2009-2024Propel Hr 401(k) Plan, Propel Peo, Inc.
- TodayPropel Hr 401(k) Plan still files. Slavic Integrated Administration keeps the records. That is where to ask.
Records are kept by Slavic Integrated Administration, per the 2024 filing.
Left in 2021? You may be owed employer money
- In plan year 2021, active participants fell from 1,514 to 1,122 (26%), and 312 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
- 2015: Assets were transferred out, but no filing from the receiving plan matched.
- 2017: At least 25% of plan assets were transferred to another plan this year (merger or spin-off).
- 2017: Assets were transferred out, but no filing from the receiving plan matched.
- 2022: Assets were transferred out, but no filing from the receiving plan matched.
People in the plan
"Separated, still owed" counts people who left the employer but still have a benefit in the plan, as reported by the plan.
| Plan year | Participants | Separated, still owed | Source |
|---|---|---|---|
| 2013 | 408 | 31 | Filing |
| 2014 | 631 | 78 | Filing |
| 2015 | 1,359 | 175 | Filing |
| 2016 | 1,420 | 247 | Filing |
| 2017 | 1,412 | 123 | Filing |
| 2018 | 1,284 | 149 | Filing |
| 2019 | 1,264 | 212 | Filing |
| 2020 | 1,832 | 318 | Filing |
| 2021 | 1,657 | 535 | Filing |
| 2022 | 1,882 | 338 | Filing |
| 2023 | 2,229 | 620 | Filing |
| 2024 | 2,437 | 941 | Filing |
Source: U.S. Department of Labor Form 5500 filings. Plan-level facts only; no one's balance. Information only, not legal advice.