Federal Data Hub › PBGC Trusteed Plans · JSON

BORG TEXTILE PP FOR HRLY EMPLOYEES

PBGC Trusteed Plan · Case 17339300

The BORG TEXTILE PP FOR HRLY EMPLOYEES, a single-employer defined-benefit pension plan sponsored by BTC, INC. of ROSSVILLE, GA, was terminated on 1994-11-30 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1997-08-08. At the date of termination the plan had 246 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
BORG TEXTILE PP FOR SAL EMPS1995-09-30101

All plans sponsored by EIN 362842819. 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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