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PBGC Trusteed Plan · Case 1374700
The AERODEX INC NON-BARGAINING EES RETIREMENT PLAN, a single-employer defined-benefit pension plan sponsored by AERODEX, INC. of MIAMI, FL, was terminated on 1976-06-09 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1977-06-07. At the date of termination the plan had 66 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 |
|---|---|---|
| FLORIDA ADMINISTRATORS AERODEX | 1976-09-09 | 540 |
All plans sponsored by EIN 590669153. Full sponsor profile →
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