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PBGC Trusteed Plan · Case 12067101
The CANTON CASTINGS INC UNION PENSION PLAN, a single-employer defined-benefit pension plan sponsored by CANTON CASTING,INC of CANTON, OH, was terminated on 1990-02-05 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1995-01-30. At the date of termination the plan had 236 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 |
|---|---|---|
| CANTON CASTINGS INC SALARIED PENSION PLAN | 1990-02-05 | 64 |
All plans sponsored by EIN 341226281. Full sponsor profile →
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