Federal Data Hub › PBGC Trusteed Plans · JSON
PBGC Trusteed Plan · Case 19530100
The LAWRENCE BROTHERS PP, a single-employer defined-benefit pension plan sponsored by LAWRENCE BROTHERS INC. of STERLING, IL, was terminated on 2001-07-02 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2005-05-05. At the date of termination the plan had 173 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 |
|---|---|---|
| LAWRENCE BROTHERS RP | 2001-07-02 | 426 |
All plans sponsored by EIN 361369975. Full sponsor profile →
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