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PBGC Trusteed Plan · Case 20045000
The THE WALWORTH CO STEELWORKERS PENSION PLAN, a single-employer defined-benefit pension plan sponsored by THE WALWORTH CO of HOUSTON, TX, was terminated on 2003-07-17 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2009-06-02. At the date of termination the plan had 132 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 |
|---|---|---|
| THE WALWORTH CO QUALIFIED RET PLAN | 2003-07-17 | 139 |
All plans sponsored by EIN 840794042. Full sponsor profile →
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