Federal Data Hub › PBGC Trusteed Plans · JSON
PBGC Trusteed Plan · Case 1077100
The NORTHEASTERN LIFE FIDELITY CORP RET PLAN, a single-employer defined-benefit pension plan sponsored by DRUM FINANCIAL CORP of OMAHA, NE, was terminated on 1976-08-30 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1980-10-06. At the date of termination the plan had 21 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.
| Plan | Terminated | Participants |
|---|---|---|
| NORTHEASTERN LIFE FIDELITY CORP RET PLAN | 1975-12-31 | 43 |
All plans sponsored by EIN 540573841. Full sponsor profile →
License: CC0 1.0 Universal. MORVS (AI Analytics LLC) is an independent republisher; corrections to corrections @ ai-analytics.org.