Federal Data Hub › PBGC Trusteed Plans · JSON
PBGC Trusteed Plan · Case 16576400
The CANTON GLOVE CO, a single-employer defined-benefit pension plan sponsored by CANTON GLOVE CO of CANTON, OH, was terminated on 1995-11-13 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2000-04-28. At the date of termination the plan had 25 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 |
|---|---|---|
| CANTON GLOVE CO PEN PL FOR EMPL REPRESENTED BY LOC 688 UNITED RUBBER CORK INC | 1997-04-21 | 172 |
All plans sponsored by EIN 311273402. Full sponsor profile →
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