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OLYMPIC FASTENING SYSTEMS, INC. PENSION AGREEMENT PLAN

PBGC Trusteed Plan · Case 20168000

The OLYMPIC FASTENING SYSTEMS, INC. PENSION AGREEMENT PLAN, a single-employer defined-benefit pension plan sponsored by DOWNEY PROPERTIES AND INVESTMENT CORPORATION of DOWNEY, CA, was terminated on 2004-12-09 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2005-01-05. At the date of termination the plan had 48 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

Plan	Terminated	Participants
OLYMPIC FASTENING SYSTEMS, INC. NON-CONTRIBUTORY PENSION PLAN	2004-12-09	22

All plans sponsored by EIN 311145957. Full sponsor profile →

References

Pension Benefit Guaranty Corporation. Single-Employer Plans Trusteed by PBGC. trusteedplans.xlsx. Retrieved recently.
Pension Benefit Guaranty Corporation. Open Government — Data Sets. pbgc.gov/about/open-government/data-sets.

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