Diversified Industrial Capital Group, Inc. Employee Stock Ownership Plan
Diversified Industrial Capital Group, Inc., Cincinnati OH. Employer ID 311589113, plan number 002. Annual reports on file for 2013 to 2019.
Where the money went
Plans that moved money into this one:
- 2013: money from Kramig Group, Inc. Employee Stock Ownership Plan moved in.
- Filed 2013-2019Diversified Industrial Capital Group, Inc. Employee Stock Ownership Plan, Diversified Industrial Capital Group, Inc.
- EndedDiversified Industrial Capital Group, Inc. Employee Stock Ownership Plan ended. Money was paid out, rolled to an IRA, or sent to a state or the PBGC. The distribution records show which.
Left in 2015, 2018? You may be owed employer money
- In plan year 2015, 55 people (51% 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
- The plan ended in plan year 2018. 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.
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
- 2018: The employer adopted a resolution to terminate the plan.
- 2019: Final return: the plan reported that it ended (merged, transferred, or distributed all assets).
- 2019: The employer adopted a resolution to terminate the plan.
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 | 192 | 91 | Filing |
| 2014 | 223 | 114 | Filing |
| 2015 | 237 | 139 | Filing |
| 2016 | 227 | 212 | Filing |
| 2017 | 19 | 7 | Filing |
| 2018 | 1 | 0 | Filing |
| 2019 | 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.