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UNITED CONTAINER UNION MACHINERY GROUP PP

PBGC Trusteed Plan · Case 19841700

The UNITED CONTAINER UNION MACHINERY GROUP PP, a single-employer defined-benefit pension plan sponsored by UNITED CONTAINER MACHINERY INC. of Glen Arm, MD, was terminated on 2002-07-31 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2003-10-27. At the date of termination the plan had 288 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
UNITED CONTAINER SALARY MACHINERY GROUP INC. PP2002-07-31183

All plans sponsored by EIN 133339421. 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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