Federal Data Hub › PBGC Trusteed Plans · JSON

REDFORD AIR TOOL INC. EDBPP

PBGC Trusteed Plan · Case 19993700

The REDFORD AIR TOOL INC. EDBPP, a single-employer defined-benefit pension plan sponsored by REDFORD AIR TOOL, INC. of PLYMOUTH, MI, was terminated on 2005-03-31 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2005-04-15. At the date of termination the plan had 17 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.

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.

License: CC0 1.0 Universal. MORVS (AI Analytics LLC) is an independent republisher; corrections to corrections @ ai-analytics.org.