Apergy USA, Inc. 401(k) Plan

Championx Corporation, The Woodlands TX. Employer ID 823066935, plan number 001. Annual reports on file for 2018 to 2021.

Where the money went

Plans that moved money into this one:

Filed 2018-2021Apergy USA, Inc. 401(k) Plan, Championx Corporation
2021Assets transferred to Norris Usw Pension Plan
2023Plan renumbered or taken over by a new sponsor to Norris Usw Pension Plan
TodayNorris Usw Pension Plan still files. That is where to ask.

In plan year 2020, active participants fell from 2,535 to 1,698 (33%), and 319 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.

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.

2021: The plan filed its last report: it ended, merged into another plan, or paid everyone out.
2021: At least a quarter of the plan's money moved to another plan this year, usually in a merger or company split.

"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
2018	3,425	541	Filing
2019	3,368	830	Filing
2020	2,444	744	Filing
2021	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.