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PBGC Trusteed Plan · Case 15859200
The UNITED CONCRETE PIPE SALARIED, a single-employer defined-benefit pension plan sponsored by UNITED CONCRETE PIPE CORP of LOS ANGELES, CA, was terminated on 1991-06-01 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1996-10-25. At the date of termination the plan had 173 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 |
|---|---|---|
| UNITED CONCRETE PIPE NONUNION | 1991-06-01 | 52 |
All plans sponsored by EIN 133429797. Full sponsor profile →
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