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PBGC Trusteed Plan · Case 20029500
The SPALDING EMPLOYEES RETIREMENT ACCOUNT PLAN - PLANT 1851, a single-employer defined-benefit pension plan sponsored by SPALDING SPORTS WORLD INC. of CHICOPEE, MA, was terminated on 2003-10-01 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2004-03-18. At the date of termination the plan had 1,006 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 |
|---|---|---|
| SPALDING EMPLOYEES RETIREMENT ACCOUNT PLAN (SERA) | 2003-10-01 | 618 |
All plans sponsored by EIN 592439116. Full sponsor profile →
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