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PBGC Trusteed Plan · Case 18778500
The KDI CORP. MODERN PICTURE FORMER EES DB PLAN, a single-employer defined-benefit pension plan sponsored by KDI CORP of NOKOMIS, FL, was terminated on 1996-01-02 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1999-12-08. At the date of termination the plan had 98 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 |
|---|---|---|
| KDI CORP.FORMER EES DB PLAN | 1996-01-02 | 34 |
All plans sponsored by EIN 137071195. Full sponsor profile →
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