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PBGC Trusteed Plan · Case 11184000
The APPLIED DISTRIBUTION SYSTEMS CORP BARGAINING EES, a single-employer defined-benefit pension plan sponsored by COLUMBUS RETAIL MERCHANTS DELIVERY INC of COLUMBUS, OH, was terminated on 1985-06-07 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1991-08-05. At the date of termination the plan had 168 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 |
|---|---|---|
| APPLIED DISTRIBUTION SYSTEMS CORP NON BARGAINING | 1985-04-30 | 55 |
All plans sponsored by EIN 314154070. Full sponsor profile →
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