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PBGC Trusteed Plan · Case 121700
The MULLINS MFG CORP HAMLIN PRODUCTS DIVISION HOURLY, a single-employer defined-benefit pension plan sponsored by MULLINS MFG CORP of SALEM, OH, was terminated on 1975-05-15 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1976-03-11. At the date of termination the plan had 102 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 |
|---|---|---|
| MULLINS MFG. CORP PENSION PLAN | 1975-04-30 | 768 |
| MULLINS MFG CORP HAMLIN PRODUCTS DIVISION SAL | 1975-05-15 | 8 |
All plans sponsored by EIN 340890469. Full sponsor profile →
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