Federal Data Hub › PBGC Trusteed Plans · JSON
PBGC Trusteed Plan · Case 19994000
The VENTURE HOLDINGS CORPORATION HOURLY EMPLOYEES RETIREMENT PLAN, a single-employer defined-benefit pension plan sponsored by VENTURE HOLDINGS CO LLC of FRASER, MI, was terminated on 2004-08-31 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2006-12-11. At the date of termination the plan had 386 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 |
|---|---|---|
| HOURLY EMPLOYEES OF VENTURE HOLDINGS - SEABROOK | 2004-09-30 | 617 |
All plans sponsored by EIN 382793543. Full sponsor profile →
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