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FRANKLIN INDUSTRIES INC EMPLOYEES PENSION PLAN

PBGC Trusteed Plan · Case 16570400

The FRANKLIN INDUSTRIES INC EMPLOYEES PENSION PLAN, a single-employer defined-benefit pension plan sponsored by FRANKLIN INDUSTRIES INC of FRANKLIN, PA, was terminated on 1994-03-31 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1997-09-29. At the date of termination the plan had 136 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
FRANKLIN STEEL CO HOURLY PENSION PLAN1994-03-31460

All plans sponsored by EIN 251271722. 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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