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MICHIGAN DYNAMICS INC HOURLY EMPLOYEES RET PLAN

PBGC Trusteed Plan · Case 15339900

The MICHIGAN DYNAMICS INC HOURLY EMPLOYEES RET PLAN, a single-employer defined-benefit pension plan sponsored by MICHIGAN DYNAMICS INC of GARDEN CITY, MI, was terminated on 1992-07-03 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1996-07-16. At the date of termination the plan had 55 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.

Other plans from the same sponsor

PlanTerminatedParticipants
MICHIGAN DYNAMICS INC SAL EMPLOYEES RET PLAN1992-07-0364

All plans sponsored by EIN 382428256. Full sponsor profile →

References

  1. Pension Benefit Guaranty Corporation. Single-Employer Plans Trusteed by PBGC. trusteedplans.xlsx. Retrieved recently.
  2. Pension Benefit Guaranty Corporation. Open Government — Data Sets. pbgc.gov/about/open-government/data-sets.

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