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PBGC Trusteed Plan · Case 18384500
The ROADMASTER CORP HOURLY BENEFIT PLAN, a single-employer defined-benefit pension plan sponsored by D of ATLANTA, GA, was terminated on 1998-12-31 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1999-08-23. At the date of termination the plan had 130 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 |
|---|---|---|
| AJAY ENTERPRISES CORPORATION RETIREMENT PLAN | 1998-12-31 | 120 |
All plans sponsored by EIN 391156946. Full sponsor profile →
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