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PBGC Trusteed Plan · Case 19894700
The KENNEDY MANUFACTURING COMPANY SALARIED EMPLOYEES'' PENSION PLAN, a single-employer defined-benefit pension plan sponsored by KENNEDY MANUFACTURING CO. of VAN WERT, OH, was terminated on 2004-10-31 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2005-03-29. At the date of termination the plan had 131 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 |
|---|---|---|
| KENNEDY MANUFACTURING COMPANY HOURLY RATED EMPLOYEES'' PENSION PLAN | 2004-10-31 | 323 |
All plans sponsored by EIN 344276440. Full sponsor profile →
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