Newport Pacific Corporation 401(k) Profit Sharing Plan & Trust
Newport Pacific Corporation, Newport OR. Employer ID 930630764, plan number 001. Annual reports on file for 2009 to 2016.
Where the money went
- Filed 2009-2016Newport Pacific Corporation 401(k) Profit Sharing Plan & Trust, Newport Pacific Corporation
- 2016Assets transferred to Xenium 401(k) Retirement Savings Plan
- TodayXenium 401(k) Retirement Savings Plan still files. Principal Life Insurance Company keeps the records. That is where to ask.
Records are kept by Principal Life Insurance Company, per the 2024 filing.
Left in 2010? You may be owed employer money
- In plan year 2010, 23 people (21% 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
- 2016: Final return: the plan reported that it ended (merged, transferred, or distributed all assets).
- 2016: At least 25% of plan assets were transferred to another plan this year (merger or spin-off).
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 |
|---|---|---|---|
| 2009 | 139 | 28 | Filing |
| 2010 | 215 | 122 | Filing |
| 2011 | 234 | 140 | Filing |
| 2012 | 123 | 26 | Filing |
| 2013 | 146 | 49 | Filing |
| 2014 | 175 | 60 | Filing |
| 2015 | 160 | 50 | Filing |
| 2016 | 137 | 0 | Filing |
Source: U.S. Department of Labor Form 5500 filings. Plan-level facts only; no one's balance. Information only, not legal advice.