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PBGC Trusteed Plan · Case 19825600
The C. I. HAYES INC. PENSION PLAN FOR NON-UNION EMPLOYEES, a single-employer defined-benefit pension plan sponsored by C.I. HAYES, INC. of Cranston, RI, was terminated on 2010-09-30 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2010-11-09. At the date of termination the plan had 85 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.
| Plan | Terminated | Participants |
|---|---|---|
| C. I. HAYES INC. PENSION PLAN FOR UNION EMPLOYEES | 2006-02-28 | 12 |
All plans sponsored by EIN 50155320. Full sponsor profile →
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