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TECH ART PLASTICS CO PENS PL FOR EMPLS NOT COVERED

PBGC Trusteed Plan · Case 10839700

The TECH ART PLASTICS CO PENS PL FOR EMPLS NOT COVERED, a single-employer defined-benefit pension plan sponsored by TECH ART PLASTICS CO of MORRISTOWN, NJ, was terminated on 1988-05-15 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1990-05-09. At the date of termination the plan had 12 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
TECH ART PLASTICE CO PENS PLAN FOR EMPLS COVERED1988-05-1531

All plans sponsored by EIN 221519878. 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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