Federal Data Hub › PBGC Trusteed Plans · JSON
PBGC Trusteed Plan · Case 12648600
The SMS AUTOMOTIVE PRODUCTS, INC UNITED AMERICA ELECTRICAL RADIO & MACHINE WORKERS OF LOCAL 174 DEFINED BENEFIT PENSION PLAN, a single-employer defined-benefit pension plan sponsored by SMS INDUSTRIES INC of PHILADELPHIA, PA, was terminated on 1989-10-06 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1994-06-22. At the date of termination the plan had 124 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 |
|---|---|---|
| SMS INDUSTRIES INC EMPLOYEES PENSION PLAN AND TRUST | 1990-02-28 | 62 |
All plans sponsored by EIN 231497899. Full sponsor profile →
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