Federal Data Hub › PBGC Trusteed Plans · JSON
PBGC Trusteed Plan · Case 19431100
The PLAINWELL PAPER CO. INC. HRLY PP, a single-employer defined-benefit pension plan sponsored by PLAINWELL INC. of PLAINWELL, MI, was terminated on 2001-09-13 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2002-06-28. At the date of termination the plan had 430 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 |
|---|---|---|
| PLAINWELL INC. RET. PL. FOR HRLY EMP. (PENNS.) | 2001-09-13 | 492 |
| PLAINWELL INC. PP FOR SAL. EE'S (TISSUE DIV.) | 2001-09-13 | 111 |
| PLAINWELL PAPER CO., INC. SAL. EE'S PP | 2001-09-13 | 99 |
All plans sponsored by EIN 383391489. Full sponsor profile →
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