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Master Lock Company Savings Plan for Hourly Paid Union Employees Plan
Master Lock Company LLC, Oak Creek WI. Employer ID 391142433, plan number 005. Annual reports on file for 2009 to 2024.
Where the money went
- Filed 2009-2024Master Lock Company Savings Plan for Hourly Paid Union Employees Plan, Master Lock Company LLC
- TodayMaster Lock Company Savings Plan for Hourly Paid Union Employees 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.
Left in 2023? Worth asking about employer money
- In plan year 2023, active participants fell from 305 to 128 (58%), and 21 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.
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 | 425 | 50 | Filing |
| 2014 | 435 | 52 | Filing |
| 2015 | 444 | 56 | Filing |
| 2016 | 437 | 53 | Filing |
| 2017 | 458 | 60 | Filing |
| 2018 | 470 | 59 | Filing |
| 2019 | 445 | 52 | Filing |
| 2020 | 428 | 63 | Filing |
| 2021 | 413 | 86 | Filing |
| 2022 | 394 | 78 | Filing |
| 2023 | 305 | 158 | Filing |
| 2024 | 9 | 1 | Filing |
Source: U.S. Department of Labor Form 5500 filings. Plan-level facts only; no one's balance. Information only, not legal advice.