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GLOBE MANUFACTURING COMPANY GASTONIA HOURLY EMPLOYEES' PENSION PLAN

PBGC Trusteed Plan · Case 19450700

The GLOBE MANUFACTURING COMPANY GASTONIA HOURLY EMPLOYEES' PENSION PLAN, a single-employer defined-benefit pension plan sponsored by GLOBE MANUFACTURING CORP of FALL RIVER, MA, was terminated on 2001-03-29 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2001-07-26. At the date of termination the plan had 432 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

All plans sponsored by EIN 631101362. 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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