Gaf Materials Corporation Hourly Capital Accumulation Plan
Building Materials Corporation of America, Parsippany NJ. Employer ID 223276290, plan number 009. Annual reports on file for 2009 to 2014.
Where the money went
Plans that moved money into this one:
- 2009: money from Gaf Materials Corporation Union Capital Accumulation Plan moved in.
- 2010: money from Gaf Materials Corporation Union Capital Accumulation Plan moved in.
- 2011: money from Gaf Materials Corporation Union Capital Accumulation Plan moved in.
- 2011: money from Gaf Materials Corporation 401(k) Plan moved in.
- 2012: money from Gaf Materials Corporation Union Capital Accumulation Plan moved in.
- 2013: money from Gaf Materials Corporation 401(k) Plan moved in.
- 2013: money from Gaf Materials Corporation Union Capital Accumulation Plan moved in.
- 2014: money from Gaf Materials Corporation 401(k) Plan moved in.
- 2014: money from Gaf Materials Corporation Union Capital Accumulation Plan moved in.
- Filed 2009-2014Gaf Materials Corporation Hourly Capital Accumulation Plan, Building Materials Corporation of America
- 2014Assets transferred to Gaf Materials Corporation 401(k) Plan
- 2016Plan renumbered or taken over by a new sponsor to Gaf LLC 401(k) Plan
- TodayGaf LLC 401(k) Plan still files. The Vanguard Group, Inc. keeps the records. That is where to ask.
Records are kept by The Vanguard Group, Inc., per the 2024 filing.
Left in 2010? Worth asking about employer money
- In plan year 2010, active participants fell from 835 to 652 (22%), and 47 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. 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
- 2014: The plan filed its last report: it ended, merged into another plan, or paid everyone out.
- 2014: At least a quarter of the plan's money moved to another plan this year, usually in a merger or company split.
- 2014: The employer decided to close the plan.
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 |
|---|---|---|---|
| 2009 | 925 | 86 | Filing |
| 2010 | 711 | 55 | Filing |
| 2011 | 714 | 59 | Filing |
| 2012 | 697 | 62 | Filing |
| 2013 | 734 | 69 | Filing |
| 2014 | 0 | 0 | Filing |
Source: U.S. Department of Labor Form 5500 filings. Plan-level facts only; no one's balance. Information only, not legal advice.