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UNITED CONTAINER SALARY MACHINERY GROUP INC. PP

PBGC Trusteed Plan · Case 19841800

The UNITED CONTAINER SALARY MACHINERY GROUP INC. 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 183 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 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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