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PBGC Trusteed Plan · Case 20109900
The MOSSBERG INDUSTRIES, INC. RET INCOME PLAN NON-UNION, a single-employer defined-benefit pension plan sponsored by MOSSBERG INDUSTRIES, INC. of GARRETT, IN, was terminated on 2004-07-31 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2005-01-31. At the date of termination the plan had 110 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 |
|---|---|---|
| MOSSBERG INDUSTRIES, INC. PENSION PLAN LOCAL 2594 | 2004-07-31 | 126 |
All plans sponsored by EIN 50234420. Full sponsor profile →
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