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STEARNS TECHNICAL TEXTILES CO PEN PL FOR SALARIED EMPS

PBGC Trusteed Plan · Case 19678200

The STEARNS TECHNICAL TEXTILES CO PEN PL FOR SALARIED EMPS, a single-employer defined-benefit pension plan sponsored by STEARNS TECHNICAL TEXTILES CO of CINCINNATI, OH, was terminated on 2003-10-31 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2004-12-16. At the date of termination the plan had 164 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
STEARNS TECH TEX CO HRLY EES PHOENIX MAN DIV PP2003-10-3172

All plans sponsored by EIN 311114301. 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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