Federal Data Hub › PBGC Trusteed Plans · JSON

ACTON CO INC SALARIED AND SALES

PBGC Trusteed Plan · Case 12335901

The ACTON CO INC SALARIED AND SALES, a single-employer defined-benefit pension plan sponsored by ACTON CO INC of NORTH ANDOVER, MA, was terminated on 1988-01-25 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1993-03-10. 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.

Other plans from the same sponsor

PlanTerminatedParticipants
ACTON CO HOURLY1988-01-2547

All plans sponsored by EIN 42737354. 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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