Comet Signs LLC 401(k) & Profit Sharing Plan
Comet Signs LLC, San Antonio TX. Employer ID 800921201, plan number 001. Annual reports on file for 2014 to 2023.
Where the money went
- Filed 2014-2023Comet Signs LLC 401(k) & Profit Sharing Plan, Comet Signs LLC
- 2023Assets transferred to Stratus Unlimited, LLC 401(k) Plan
- TodayStratus Unlimited, LLC 401(k) 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 2020? You may be owed employer money
- In plan year 2020, active participants fell from 270 to 215 (20%), and 103 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. 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.
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: Final return: the plan reported that it ended (merged, transferred, or distributed all assets).
- 2023: At least 25% of plan assets were transferred to another plan this year (merger or spin-off).
- 2023: 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 |
|---|---|---|---|
| 2014 | 139 | 17 | Filing |
| 2015 | 159 | 15 | Filing |
| 2016 | 163 | 22 | Filing |
| 2017 | 210 | 16 | Filing |
| 2018 | 330 | 54 | Filing |
| 2019 | 349 | 79 | Filing |
| 2020 | 273 | 58 | Filing |
| 2021 | 323 | 90 | Filing |
| 2022 | 377 | 109 | Filing |
| 2023 | 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.