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ESD CORPORATION RET PLAN FOR HOURLY EES

PBGC Trusteed Plan · Case 11170100

The ESD CORPORATION RET PLAN FOR HOURLY EES, 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 1996-08-15. At the date of termination the plan had 58 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 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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