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CUSTOM RESTAURANT CORPORATION HOURLY PENSION PROG.

PBGC Trusteed Plan · Case 10197401

The CUSTOM RESTAURANT CORPORATION HOURLY PENSION PROG., a single-employer defined-benefit pension plan sponsored by CUSTOM RESTAURANT CORP of KINGSTON, PA, was terminated on 1986-09-12 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1990-11-30. At the date of termination the plan had 227 participants — current and former employees with vested retirement benefits.

When PBGC trustees a plan, it assumes responsibility for paying guaranteed retirement benefits to participants up to statutory maximums. Plans are typically trusteed after the sponsor enters bankruptcy or otherwise becomes unable to meet pension obligations.

Other plans from the same sponsor

PlanTerminatedParticipants
CUSTOM RESTAURANT CORP RETIREMENT INCOME PLAN SAL1986-09-1242

All plans sponsored by EIN 251404474. Full sponsor profile →

References

  1. Pension Benefit Guaranty Corporation. Single-Employer Plans Trusteed by PBGC. trusteedplans.xlsx. Retrieved recently.
  2. Pension Benefit Guaranty Corporation. Open Government — Data Sets. pbgc.gov/about/open-government/data-sets.

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