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ABRASIVE INDUSTRIES INC PENSION PLAN

PBGC Trusteed Plan · Case 16496400

The ABRASIVE INDUSTRIES INC PENSION PLAN, a single-employer defined-benefit pension plan sponsored by ABRASIVE INDUSTRIES, INC. of ST PETERSBURG, FL, was terminated on 1994-04-08 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1997-12-01. At the date of termination the plan had 568 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
ABRASIVE INDUSTRIES INC PEN PLFOR INTERNATL UNION OPERATING ENGINEERS LOC 877 WESTBOROUGH1994-04-083

All plans sponsored by EIN 592529524. 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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