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HOURLY EMPLOYEES OF VENTURE HOLDINGS - SEABROOK

PBGC Trusteed Plan · Case 19973500

The HOURLY EMPLOYEES OF VENTURE HOLDINGS - SEABROOK, a single-employer defined-benefit pension plan sponsored by VENTURE HOLDINGS CO LLC of FRASER, MI, was terminated on 2004-09-30 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2006-12-11. At the date of termination the plan had 617 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

PlanTerminatedParticipants
VENTURE HOLDINGS CORPORATION HOURLY EMPLOYEES RETIREMENT PLAN2004-08-31386

All plans sponsored by EIN 382793543. 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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