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SPINNAKER COATING-MAINE INC. RP FOR UNION EE'S

PBGC Trusteed Plan · Case 19661000

The SPINNAKER COATING-MAINE INC. RP FOR UNION EE'S, a single-employer defined-benefit pension plan sponsored by SPINNAKER COATING -MAINE INC. of WESTBROOK, ME, was terminated on 2001-07-15 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2003-01-29. 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.

Other plans from the same sponsor

All plans sponsored by EIN 10515478. 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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