Brookwood Management Co LLC 401(k) Profit Sharing Plan and Trust
Brookwood Management Company, LLC, North Canton OH. Employer ID 474587175, plan number 001. Annual reports on file for 2017 to 2024.
Where the money went
Plans that moved money into this one:
- 2017: money from Brookwood Management Co Inc 401(k) Profit Sharing Plan and Trust moved in.
- Filed 2017-2024Brookwood Management Co LLC 401(k) Profit Sharing Plan and Trust, Brookwood Management Company, LLC
- EndedBrookwood Management Co LLC 401(k) Profit Sharing Plan and Trust 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 M Holdings Securities, Inc., per the 2024 filing.
Left in 2022, 2023? You may be owed employer money
- In plan year 2022, active participants fell from 728 to 251 (66%), and 157 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
- The plan ended in plan year 2023. When a plan ends, everyone who still has an account must be fully vested in the employer's contributions (Internal Revenue Code section 411(d)(3)). If you left within about five years before that with employer money not yet vested, it may not have been forfeited yet, and may be yours. 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
- 2023: The employer adopted a resolution to terminate the plan.
- 2024: Final return: the plan reported that it ended (merged, transferred, or distributed all assets).
- 2024: The employer adopted a resolution to terminate the plan.
People in 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 |
|---|---|---|---|
| 2017 | 663 | 10 | Filing |
| 2018 | 555 | 26 | Filing |
| 2019 | 644 | 35 | Filing |
| 2020 | 688 | 50 | Filing |
| 2021 | 802 | 62 | Filing |
| 2022 | 251 | 0 | Filing |
| 2023 | 167 | 165 | Filing |
| 2024 | 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.