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PBGC Trusteed Plan · Case 14623001
The COLUMBUS AUTO PARTS COMPANY RETIREMENT PLAN NO. 1, a single-employer defined-benefit pension plan sponsored by COLUMBUS AUTO PARTS COMPANY of ANN ARBOR, MI, was terminated on 1991-06-14 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1999-04-26. At the date of termination the plan had 555 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 |
|---|---|---|
| COLUMBUS AUTO PARTS | 1988-12-12 | 65 |
| COLUMBUS AUTO PARTS CO IAM HOURLY | 1991-07-01 | 49 |
All plans sponsored by EIN 314152590. Full sponsor profile →
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