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PBGC Trusteed Plan · Case 16886300
The BALDINGERBAKING CO UN PP, a single-employer defined-benefit pension plan sponsored by BALDINGER BAKING CO of MINNEAPOLIS, MN, was terminated on 1991-01-26 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1999-07-05. At the date of termination the plan had 51 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 |
|---|---|---|
| BALDINGER BAKING CO | 1991-01-26 | 34 |
All plans sponsored by EIN 416256940. Full sponsor profile →
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