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PENN COIL RETIREMENT SAVINGS PLAN

PBGC Trusteed Plan · Case 17943000

The PENN COIL RETIREMENT SAVINGS PLAN, a single-employer defined-benefit pension plan sponsored by POWER SYSTEMS TECHNOLOGY INC D/B/A SYTEK of PITTSBURGH, PA, was terminated on 1999-11-19 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2000-09-11. At the date of termination the plan had 43 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
PENN COIL UNION RETIREMENT PLAN1999-11-1992

All plans sponsored by EIN 581876490. 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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