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HAWAII BAKING CO., INC. BAR UNIT EMPS PP

PBGC Trusteed Plan · Case 19648100

The HAWAII BAKING CO., INC. BAR UNIT EMPS PP, a single-employer defined-benefit pension plan sponsored by HAWAII BAKING CO, INC. of HONOLULU, HI, was terminated on 2003-05-22 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2005-02-08. At the date of termination the plan had 94 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.

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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