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ART METAL U.S.A. INC EMPLOYEES PENSION PLAN SALARY

PBGC Trusteed Plan · Case 10504400

The ART METAL U.S.A. INC EMPLOYEES PENSION PLAN SALARY, a single-employer defined-benefit pension plan sponsored by ART METAL U S A INC of NEWARK, NJ, was terminated on 1988-04-12 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1988-07-08. At the date of termination the plan had 168 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
ART METAL USA INC. EMPLOYEES PENSION PLAN HOURLY1988-04-12558

All plans sponsored by EIN 221529423. 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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