Mmi-es 401(k) Retirement Plan

Mmi Engineered Solutions, Inc., Saline MI. Employer ID 382468277, plan number 001. Annual reports on file for 2014 to 2022.

Where the money went

Plans that moved money into this one:

Filed 2014-2022Mmi-es 401(k) Retirement Plan, Mmi Engineered Solutions, Inc.
2022Assets transferred to Isolved Peo, LLC 401(k) Plan
EndedIsolved Peo, LLC 401(k) Plan ended. Money was paid out, rolled to an IRA, or sent to a state or the PBGC. The distribution records show which.

Records are kept by Transamerica Financial Life Ins Co., per the 2022 filing.

In plan year 2020, 55 people (39% 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. 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.

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.

2022: Final return: the plan reported that it ended (merged, transferred, or distributed all assets).
2022: At least 25% of plan assets were transferred to another plan this year (merger or spin-off).
2022: 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
2014	85	—	Filing
2015	115	—	Filing
2016	132	—	Filing
2017	183	78	Filing
2018	298	145	Filing
2019	347	206	Filing
2020	347	221	Filing
2021	302	133	Filing
2022	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.