Federal Data Hub › PBGC Trusteed Plans · JSON
PBGC Trusteed Plan · Case 19870400
The SUTTON TOOL CO., INC., BARGAINING EES RET. PLAN, a single-employer defined-benefit pension plan sponsored by SUTTON TOOL CO INC of STURGIS, MI, was terminated on 2002-08-22 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2003-10-28. At the date of termination the plan had 78 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 |
|---|---|---|
| SUTTON TOOL CO INC NON-BAR EES RET PLAN | 2002-09-13 | 35 |
All plans sponsored by EIN 382682076. Full sponsor profile →
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