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PBGC Trusteed Plan · Case 13168701
The STURGIS NEWPORT BUSINESS FORMS UNION PENSION PLAN, a single-employer defined-benefit pension plan sponsored by STURGIS NEWPORT BUSINESS of HAMPTON, VA, was terminated on 1990-02-02 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1990-11-19. At the date of termination the plan had 54 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 |
|---|---|---|
| STURGIS NEWPORT BUSINESS FORMS INC GENERAL PEN PL | 1990-02-02 | 142 |
All plans sponsored by EIN 541208666. Full sponsor profile →
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