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PBGC Trusteed Plan · Case 15961500
The WARNOCK SPRING CO, INC. SALARIED PLAN, a single-employer defined-benefit pension plan sponsored by WARNOCK SPRING CO INC of DETROIT, MI, was terminated on 1990-10-01 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1995-04-26. At the date of termination the plan had 19 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 |
|---|---|---|
| WARNOCK SPRING HOURLY PENSION PLAN | 1991-01-01 | 26 |
All plans sponsored by EIN 381273598. Full sponsor profile →
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