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PBGC Trusteed Plan · Case 19480800
The WYCKOFF STEEL, INC. PP FOR PUTNAM HRLY EE'S, a single-employer defined-benefit pension plan sponsored by WYCKOFF STEEL INC of NEW YORK, NY, was terminated on 2001-07-16 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2002-02-19. At the date of termination the plan had 41 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 |
|---|---|---|
| WYCKOFF STEEL INC. PP FOR CHICAGO HRLY EE'S | 2001-07-16 | 102 |
| WYCKOFF STEEL, INC. PP FOR PILGRIM HOURLY EE'S | 2001-07-16 | 38 |
All plans sponsored by EIN 222796305. Full sponsor profile →
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