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SHEPARD NILES, INC. REP. HRLY-RATED EE'S PP

PBGC Trusteed Plan · Case 19696900

The SHEPARD NILES, INC. REP. HRLY-RATED EE'S PP, a single-employer defined-benefit pension plan sponsored by SHEPARD NILES, INC. of MONTOUR FALLS, NY, was terminated on 2002-03-26 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2002-07-08. At the date of termination the plan had 298 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
SHEPARD NILES INC. EXEMPT SAL. EE'S PP2002-03-26179

All plans sponsored by EIN 521555764. 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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