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PBGC Trusteed Plan · Case 17903200
The KUHN & JACOB MOLDING & TOOL CO UNION, a single-employer defined-benefit pension plan sponsored by K & J MOLDING & TOOL CO of TRENTON, NJ, was terminated on 1998-12-31 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1999-03-01. At the date of termination the plan had 31 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 |
|---|---|---|
| KUHN & JACOB MOLDING & TOOL CO | 2001-08-31 | 11 |
All plans sponsored by EIN 210494385. Full sponsor profile →
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