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FLEXEL INC., PP

PBGC Trusteed Plan · Case 17990900

The FLEXEL INC., PP, a single-employer defined-benefit pension plan sponsored by FLEXEL, INC. of ATLANTA, GA, was terminated on 1997-11-18 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1998-01-16. At the date of termination the plan had 536 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
COVINGTON PP OF FLEXEL INC.1997-11-18350

All plans sponsored by EIN 581706162. 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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