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PBGC Trusteed Plan · Case 19002800
The THORN APPLE VALLEY - SMOKED MEATS HOURLY EMPLOYEES' PENSION PLAN, a single-employer defined-benefit pension plan sponsored by THORN APPLE VALLEY INC. of SOUTHFIELD, MI, was terminated on 1999-08-26 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2000-01-11. At the date of termination the plan had 978 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 |
|---|---|---|
| THORN APPLE VALLEY, INC. LOCAL 26 HOURLY EMPLOYEES' PENSION PLAN | 1999-08-26 | 1,460 |
| THORN APPLE VALLEY, INC. GRAND RAPIDS DIVISION HOURLY EMPLOYEES' PENSION PLAN | 1999-08-26 | 1,263 |
| THORN APPLE VALLEY - CAROLINA HOURLY EMPLOYEES' PENSION PLAN | 1999-08-26 | 803 |
All plans sponsored by EIN 381964066. Full sponsor profile →
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