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ENGINEERED SYSTEMS DEVELOPMENT SALARIED EES PLAN

PBGC Trusteed Plan · Case 11170000

The ENGINEERED SYSTEMS DEVELOPMENT SALARIED EES PLAN, a single-employer defined-benefit pension plan sponsored by ESD CORPORATION of SAN JOSE, CA, was terminated on 1990-06-29 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1995-12-27. At the date of termination the plan had 152 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
ESD CORPORATION RET PLAN FOR HOURLY EES1990-06-2958

All plans sponsored by EIN 311073333. 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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