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METAL PROCESING CORP. SAL. EE'S DB PP

PBGC Trusteed Plan · Case 19667500

The METAL PROCESING CORP. SAL. EE'S DB PP, a single-employer defined-benefit pension plan sponsored by METAL PROCESSING CORP. of Maple Heights, OH, was terminated on 2002-02-15 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2002-08-01. At the date of termination the plan had 13 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

PlanTerminatedParticipants
METAL PROCESSING CORP. UNION EE'S PP2002-02-1589

All plans sponsored by EIN 340934848. 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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