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PILLOWTEX CORPORATION RETIREMENT PLAN FOR SALARIED EMPLOYEES

PBGC Trusteed Plan · Case 20061600

The PILLOWTEX CORPORATION RETIREMENT PLAN FOR SALARIED EMPLOYEES, a single-employer defined-benefit pension plan sponsored by PILLOWTEX CORPORATION of DALLAS, TX, was terminated on 2003-10-31 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2003-11-05. At the date of termination the plan had 7,313 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.

Other plans from the same sponsor

PlanTerminatedParticipants
PILLOWTEX CORPORATION RP FOR HRLY EES2003-10-3120,404

All plans sponsored by EIN 752147728. Full sponsor profile →

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.

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