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PBGC Trusteed Plan · Case 19967700
The SMITH & DAVIS HOURLY MEMBERS OF USWA, a single-employer defined-benefit pension plan sponsored by SMITH & DAVIS MANUFACTURING COMPANY INC. of HAZELWOOD, MO, was terminated on 2003-05-01 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2003-09-30. At the date of termination the plan had 37 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 |
|---|---|---|
| SMITH & DAVIS SALARIED | 2003-05-01 | 133 |
All plans sponsored by EIN 430977612. Full sponsor profile →
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