The Pemco World Air Services, Inc. 401(k) Plan
Pemco World Air Services, Inc., Tampa FL. Employer ID 900874940, plan number 001. Annual reports on file for 2012 to 2019.
Where the money went
Plans that moved money into this one:
- 2012: money from The Pemco World Air Services, Inc 401(k) Plan moved in.
- Filed 2012-2019The Pemco World Air Services, Inc. 401(k) Plan, Pemco World Air Services, Inc.
- 2019Assets transferred to Capital Accumulation Plan
- TodayCapital Accumulation 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 2016, 2017? You may be owed employer money
- In plan year 2016, active participants fell from 448 to 331 (26%), and 52 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
- In plan year 2017, 80 people (24% of active participants) left before they were fully vested. Turnover that high can count as a partial plan termination (Revenue Ruling 2007-43), which requires full vesting of employer money for those who left. The plan may argue it was routine turnover. 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
- 2019: Final return: the plan reported that it ended (merged, transferred, or distributed all assets).
- 2019: At least 25% of plan assets were transferred to another plan this year (merger or spin-off).
- 2019: 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 |
|---|---|---|---|
| 2012 | 856 | 651 | Filing |
| 2013 | 464 | 134 | Filing |
| 2014 | 538 | 204 | Filing |
| 2015 | 739 | 291 | Filing |
| 2016 | 759 | 428 | Filing |
| 2017 | 504 | 212 | Filing |
| 2018 | 528 | 205 | Filing |
| 2019 | 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.