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PRESTO LOCK IUE AFL-CIO SINGLE EMPLOYER MASTER PENSION PLAN

PBGC Trusteed Plan · Case 16593700

The PRESTO LOCK IUE AFL-CIO SINGLE EMPLOYER MASTER PENSION PLAN, a single-employer defined-benefit pension plan sponsored by PRESTO LOCK INC. of Gargield, NJ, was terminated on 1998-09-30 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1999-01-05. At the date of termination the plan had 24 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
PRESTO LOCK, INC. NON UNION PLAN1998-09-3043

All plans sponsored by EIN 222376175. 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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