Federal Data Hub › PBGC Trusteed Plans · JSON
PBGC Trusteed Plan · Case 18767800
The O.B. SYSTEMS & MINING, INC. RET PLAN FOR SAL EMPS, a single-employer defined-benefit pension plan sponsored by EROG, INC. of AMARILLO, TX, was terminated on 1999-10-28 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2000-06-30. At the date of termination the plan had 19 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 |
|---|---|---|
| EROG, INC. RET PLAN FOR HRLY EMPS | 1999-10-28 | 6 |
All plans sponsored by EIN 752516761. Full sponsor profile →
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