Jgb Distributing Discretionary Profit Sharing Plan

J.g.b. Distributing, Inc., Chesterland OH. Employer ID 341639120, plan number 001. Annual reports on file for 2006 to 2013.

Where the money went

Filed 2006-2013Jgb Distributing Discretionary Profit Sharing Plan, J.g.b. Distributing, Inc.
2013Assets transferred to Radio Systems Corporation Retirement Savings Plan
TodayRadio Systems Corporation Retirement Savings Plan still files. Fidelity Investments Institutional keeps the records. That is where to ask.

Records are kept by Fidelity Investments Institutional, per the 2024 filing.

In plan year 2008, active participants fell from 97 to 67 (31%), and 16 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.

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.

2007: This year's opening assets do not match last year's closing assets.
2013: Final return: the plan reported that it ended (merged, transferred, or distributed all assets).
2013: At least 25% of plan assets were transferred to another plan this year (merger or spin-off).

"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
2006	138	17	Filing
2007	120	23	Filing
2008	112	45	Filing
2009	112	—	Filing
2010	98	35	Filing
2011	113	16	Filing
2012	123	24	Filing
2013	0	—	Filing

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