Southern Indiana Tire Employee Profit Sharing Plan

Southern Indiana Tire, Inc., Princeton IN. Employer ID 351183669, plan number 002. Annual reports on file for 2009 to 2020.

Where the money went

Filed 2009-2020Southern Indiana Tire Employee Profit Sharing Plan, Southern Indiana Tire, Inc.
2020Assets transferred to Best-one Tire & Service 401(k) Mep
TodayBest-one Tire & Service 401(k) Mep 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 2018, active participants fell from 181 to 137 (24%), and 32 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.

2020: The plan filed its last report: it ended, merged into another plan, or paid everyone out.
2020: At least a quarter of the plan's money moved to another plan this year, usually in a merger or company split.

"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
2009	206	16	Filing
2010	182	13	Filing
2011	202	14	Filing
2012	201	16	Filing
2013	220	28	Filing
2014	205	28	Filing
2015	212	32	Filing
2016	222	33	Filing
2017	226	45	Filing
2018	224	87	Filing
2019	280	77	Filing
2020	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.