Process Equipment Company 401k Profit Sharing Plan
Process Equipment Company, Tipp City OH. Employer ID 310559132, plan number 002. Annual reports on file for 2009 to 2017.
Where the money went
- Filed 2009-2017Process Equipment Company 401k Profit Sharing Plan, Process Equipment Company
- Stopped filingProcess Equipment Company 401k Profit Sharing Plan stopped filing with no final report. It may be abandoned; see the places to ask below.
Records are kept by Fidelity Investments Institutional, per the 2016 filing.
Left in 2014, 2016? You may be owed employer money
- In plan year 2014, active participants fell from 146 to 65 (55%), and 39 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
- In plan year 2016, active participants fell from 64 to 12 (81%), and 5 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
- 2017: The plan stopped filing without a final return and without a recorded successor. It may have been abandoned.
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 |
|---|---|---|---|
| 2009 | 168 | 48 | Filing |
| 2010 | 140 | 36 | Filing |
| 2012 | 174 | 34 | Filing |
| 2013 | 181 | 34 | Filing |
| 2014 | 121 | 55 | Filing |
| 2015 | 123 | 58 | Filing |
| 2016 | 70 | 57 | Filing |
| 2017 | 44 | 35 | Filing |
Source: U.S. Department of Labor Form 5500 filings. Plan-level facts only; no one's balance. Information only, not legal advice.