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PBGC Trusteed Plan · Case 14961201
The LATTIMER STEVENS CO HOURLY, a single-employer defined-benefit pension plan sponsored by LATTIMER STEVENS COMPANY of BIRMINGHAM, AL, was terminated on 1991-03-28 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1992-07-09. At the date of termination the plan had 38 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 |
|---|---|---|
| LATTIMER STEVENS CO SALARIED EES PP | 1991-03-28 | 28 |
All plans sponsored by EIN 314232020. Full sponsor profile →
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