PINO

Well, there were approx. 10 employees in that warehouse and only 2 participated in the plan. The entire company have 100+ employees. % of this warehouse is very small so I guess we didn't trigger the partial termination rule? Thanks

One of our locations just closed due to business decision and employees were being let go. Does this trigger as distributable event for the terminated employees who participated into the plan? Do they eligible to receive 100% of the vested employee contributions even though they did not meet the yearly requirement (20% for serviced after 2 years...... and 100% after 6 years)? Thanks