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PBGC Trusteed Plan · Case 17875300
The GEN'L BOX CO. PICAYUNE HOURLY PENS. PLAN, a single-employer defined-benefit pension plan sponsored by GENERAL BOX COMPANY of Nye, MT, was terminated on 1998-07-24 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1998-08-24. At the date of termination the plan had 44 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 |
|---|---|---|
| GEN'L BOX CO RET. PLAN FOR CERTAIN SALARIED EMPLOYEES | 1998-07-24 | 138 |
All plans sponsored by EIN 346542794. Full sponsor profile →
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