Impact Sales, Inc. Employee Stock Ownership Plan
Impact Sales, Inc., Boise ID. Employer ID 911652005, plan number 004. Annual reports on file for 2012 to 2017.
Where the money went
- Filed 2012-2017Impact Sales, Inc. Employee Stock Ownership Plan, Impact Sales, Inc.
- EndedImpact Sales, Inc. Employee Stock Ownership Plan ended. Money was paid out, rolled to an IRA, or sent to a state or the PBGC. The distribution records show which.
Left in 2015, 2017? Worth asking about employer money
- In plan year 2015, 16 people (20% 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
- The plan ended in plan year 2017. 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. It is worth asking. 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
- 2017: The plan filed its last report: it ended, merged into another plan, or paid everyone out.
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 |
|---|---|---|---|
| 2012 | 92 | 0 | Filing |
| 2013 | 81 | 4 | Filing |
| 2014 | 86 | 6 | Filing |
| 2015 | 83 | 15 | Filing |
| 2016 | 83 | 13 | Filing |
| 2017 | 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.