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Schaffer Specialty Welding Inc. 401k Profit Sharing Plan
Schaffer Specialty Welding Inc., Milltown WI. Employer ID 391862980, plan number 001. Annual reports on file for 2009 to 2022.
Where the money went
- Filed 2009-2022Schaffer Specialty Welding Inc. 401k Profit Sharing Plan, Schaffer Specialty Welding Inc.
- 2022Assets transferred to Minnesota Life Insurance Company Retirement Plan and Trust Agreement
- 2021Plan renumbered or taken over by a new sponsor to Ajdralle 401(k) Plan
- 2024Assets transferred to Bio-plastic Solutions LLC 401(k) Plan
- 2023Plan renumbered or taken over by a new sponsor to Innovatemap 401(k) Plan
- TodayInnovatemap 401(k) Plan still files. That is where to ask.
Left in 2017? Worth asking about employer money
- In plan year 2017, active participants fell from 74 to 59 (20%), and 14 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
- 2011: The plan reported that it didn't pay some benefits on time.
- 2012: The plan reported that it didn't pay some benefits on time.
- 2013: The plan reported that it didn't pay some benefits on time.
- 2021: The employer decided to close the plan.
- 2022: The plan filed its last report: it ended, merged into another plan, or paid everyone out.
- 2022: The employer decided to close the plan.
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 |
|---|---|---|---|
| 2011 | 48 | — | Filing |
| 2012 | 61 | — | Filing |
| 2013 | 72 | — | Filing |
| 2014 | 73 | 7 | Filing |
| 2015 | 84 | 6 | Filing |
| 2016 | 92 | 18 | Filing |
| 2017 | 73 | 14 | Filing |
| 2018 | 95 | 17 | Filing |
| 2019 | 109 | 22 | Filing |
| 2020 | 104 | — | Filing |
| 2021 | 114 | — | Filing |
| 2022 | 0 | — | Filing |
Source: U.S. Department of Labor Form 5500 filings. Plan-level facts only; no one's balance. Information only, not legal advice.