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PENSION PLAN FOR EMPLOYEES OF SWIFT TEXTILES INC.

PBGC Trusteed Plan · Case 19737800

The PENSION PLAN FOR EMPLOYEES OF SWIFT TEXTILES INC., a single-employer defined-benefit pension plan sponsored by SWIFT TEXTILES INC. of COLUMBUS, GA, was terminated on 2004-11-09 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2005-01-14. At the date of termination the plan had 1,599 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 581189307. 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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