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ADIRONDACK STEEL CASTINGS CO., INC SAL EMPLOYEES

PBGC Trusteed Plan · Case 10620700

The ADIRONDACK STEEL CASTINGS CO., INC SAL EMPLOYEES, a single-employer defined-benefit pension plan sponsored by ADIRONDACK FOUNDRIES INC of WATERVLIET, NY, was terminated on 1988-06-01 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1989-09-11. At the date of termination the plan had 74 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

All plans sponsored by EIN 141647918. 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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