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Canton Drop Forge Inc., Retirement Savings Plan
Canton Drop Forge, Inc., Canton OH. Employer ID 340130090, plan number 001. Annual reports on file for 2009 to 2024.
Where the money went
- Filed 2009-2024Canton Drop Forge Inc., Retirement Savings Plan, Canton Drop Forge, Inc.
- TodayCanton Drop Forge Inc., Retirement Savings Plan still files. That is where to ask.
Left in 2020? Worth asking about employer money
- In plan year 2020, active participants fell from 189 to 120 (37%), and 11 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. A 2021 law (Consolidated Appropriations Act, section 209) can excuse a drop between March 2020 and March 2021 if the plan had rehired enough people by March 31, 2021. 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
No unusual events.
People in the plan
"Left, still in the plan" counts people who left the employer but still have a benefit in the plan, as reported by the plan.
| Plan year | Participants | Left, still in the plan | Source |
|---|---|---|---|
| 2013 | 298 | 37 | Filing |
| 2014 | 297 | 33 | Filing |
| 2015 | 278 | 39 | Filing |
| 2016 | 261 | 52 | Filing |
| 2017 | 215 | 44 | Filing |
| 2018 | 237 | 49 | Filing |
| 2019 | 259 | 70 | Filing |
| 2020 | 193 | 69 | Filing |
| 2021 | 219 | 78 | Filing |
| 2022 | 233 | 85 | Filing |
| 2023 | 266 | 94 | Filing |
| 2024 | 261 | 79 | Filing |
Source: U.S. Department of Labor Form 5500 filings. Plan-level facts only; no one's balance. Information only, not legal advice.