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PBGC Trusteed Plan · Case 16082001
The SPAULDING COMPOSITES COMPANY INC PENSION PLAN, a single-employer defined-benefit pension plan sponsored by SPAULDING COMPOSITES CO INC of ROCHESTER, NH, was terminated on 1994-07-12 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1994-07-29. At the date of termination the plan had 763 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 |
|---|---|---|
| SPAULDING FIBRE PENSION PLAN NO. 2 | 2003-10-24 | 295 |
| SPAULDING COMPOSITES COMPANY INC PENSION PLAN NO B | 2003-10-24 | 135 |
All plans sponsored by EIN 160805868. Full sponsor profile →
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