The Gores Group, LLC - 401(k) Plan II

The Gores Group, LLC, Beverly Hills CA. Employer ID 331066785, plan number 002. Annual reports on file for 2011 to 2016.

Where the money went

Plans that moved money into this one:

2012: money from Global Equity Capital Portfolio Benefits, LLC 401k Plan moved in.

Filed 2011-2016The Gores Group, LLC - 401(k) Plan II, The Gores Group, LLC
2016Assets transferred to The Gores Group, LLC - 401k Plan
TodayThe Gores Group, LLC - 401k Plan still files. Empower Annuity Insurance Company keeps the records. That is where to ask.

Records are kept by Empower Annuity Insurance Company, per the 2024 filing.

In plan year 2014, 388 people (30% 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.

2013: At least 25% of plan assets were transferred to another plan this year (merger or spin-off).
2016: Final return: the plan reported that it ended (merged, transferred, or distributed all assets).
2016: At least 25% of plan assets were transferred to another plan this year (merger or spin-off).
2016: 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
2011	275	4	Filing
2012	1,715	83	Filing
2013	1,495	179	Filing
2014	1,345	204	Filing
2015	1,556	250	Filing
2016	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.