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PBGC Trusteed Plan · Case 20002500
The GOLDEN CASTING CORP. HOURLY PLAN, a single-employer defined-benefit pension plan sponsored by GOLDEN CASTING CORP. of COLUMBUS, IN, was terminated on 2003-09-30 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2005-01-11. At the date of termination the plan had 480 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 |
|---|---|---|
| GOLDEN CASTING CORP. SALARY PENSION PLAN | 2003-09-30 | 122 |
All plans sponsored by EIN 351793407. Full sponsor profile →
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