Elkhart Plastics, Inc. 401(k) Savings Plan

Elkhart Plastics, Inc., South Bend IN. Employer ID 274548639, plan number 001. Annual reports on file for 2014 to 2021.

Where the money went

Plans that moved money into this one:

Filed 2014-2021Elkhart Plastics, Inc. 401(k) Savings Plan, Elkhart Plastics, Inc.
2021Assets transferred to Myers Industries, Inc. Profit Sharing and 401(k) Plan
TodayMyers Industries, Inc. Profit Sharing and 401(k) Plan still files. Principal Life Insurance Company keeps the records. That is where to ask.

Records are kept by Principal Life Insurance Company, per the 2024 filing.

In plan year 2019, 145 people (25% of active participants) left before they were fully vested. Turnover that high can count as a partial plan termination (Revenue Ruling 2007-43), which requires full vesting of employer money for those who left. The plan may argue it was routine turnover. Filing

This is a reason to ask the plan, not a finding. The plan decides, and it may show the drop was routine.

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.

2020: The employer adopted a resolution to terminate the plan.
2021: Final return: the plan reported that it ended (merged, transferred, or distributed all assets).
2021: At least 25% of plan assets were transferred to another plan this year (merger or spin-off).
2021: The employer adopted a resolution to terminate 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
2014	351	4	Filing
2015	488	43	Filing
2016	536	30	Filing
2017	604	74	Filing
2018	660	86	Filing
2019	588	95	Filing
2020	585	116	Filing
2021	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.