Akwen Ltd Savings Plan

Akwen Ltd, Uniontown OH. Employer ID 311526252, plan number 001. Annual reports on file for 2009 to 2015.

Where the money went

Filed 2009-2015Akwen Ltd Savings Plan, Akwen Ltd
EndedAkwen Ltd Savings Plan ended. Money was paid out, rolled to an IRA, or sent to a state or the PBGC. The distribution records show which.

Records are kept by Summit Benefit Solutions, Inc., per the 2014 filing.

In plan year 2014, active participants fell from 167 to 10 (94%), and 9 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
The plan ended in plan year 2015. When a plan ends, everyone who still has an account must be fully vested in the employer's contributions (Internal Revenue Code section 411(d)(3)). If you left within about five years before that with employer money not yet vested, it may not have been forfeited yet, and may be yours. 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.

2009: Final return: the plan reported that it ended (merged, transferred, or distributed all assets).
2015: Final return: the plan reported that it ended (merged, transferred, or distributed all assets).
2015: 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
2009	224	9	Filing
2010	181	4	Filing
2011	184	6	Filing
2012	223	7	Filing
2013	179	10	Filing
2014	55	44	Filing
2015	0	—	Filing

Source: U.S. Department of Labor Form 5500 filings. Plan-level facts only; no one's balance. Information only, not legal advice.