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PBGC Trusteed Plan · Case 12132600
The LICHTENSTEIN'S DIVISION EMPLOYEES PENSION PLAN, a single-employer defined-benefit pension plan sponsored by FROST BROTHERS of SAN ANTONIO, TX, was terminated on 1989-08-15 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1990-05-17. At the date of termination the plan had 76 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 |
|---|---|---|
| FROST BROTHERS RESTATED PENSION PLAN | 1989-08-15 | 599 |
All plans sponsored by EIN 740635380. Full sponsor profile →
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