Federal Data Hub › PBGC Trusteed Plans · JSON
PBGC Trusteed Plan · Case 19941100
The WELLMAN RETIREMENT PLAN, a single-employer defined-benefit pension plan sponsored by WELLMAN THERMAL SYSTEMS CORP of SHELBYVILLE, IN, was terminated on 2003-04-30 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2004-10-07. At the date of termination the plan had 124 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 |
|---|---|---|
| WELLMAN THERMAL SYSTEMS CORP HRLY PP | 2003-04-30 | 274 |
All plans sponsored by EIN 351741311. Full sponsor profile →
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