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AMERICAN ELEC HEATER CO SAL EES RET PLAN

PBGC Trusteed Plan · Case 18974600

The AMERICAN ELEC HEATER CO SAL EES RET PLAN, a single-employer defined-benefit pension plan sponsored by AMERICAN ELEC. HEATER CO of CLAWSON, MI, was terminated on 1998-09-01 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1999-11-08. At the date of termination the plan had 6 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
AMERICAN ELEC HEATER CO UAW RET INCOME PLAN1998-09-0119

All plans sponsored by EIN 380296800. 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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