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PBGC Trusteed Plan · Case 20164900
The PLABELL RUBBER PRODUCTS INC SALARIED EMPLOYEES RET PLAN, a single-employer defined-benefit pension plan sponsored by PLABELL RUBBER PRODUCTS INC of WATERVILLE, OH, was terminated on 2001-06-20 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2004-06-30. At the date of termination the plan had 19 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 |
|---|---|---|
| PLABELL RUBBER PRODUCTS INC HOURLY PENSION PLAN | 1993-04-08 | 71 |
All plans sponsored by EIN 344412941. Full sponsor profile →
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