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PBGC Trusteed Plan · Case 20206400
The PENSION PLAN FOR FEDERAL FORGE INC., a single-employer defined-benefit pension plan sponsored by FEDERAL FORGE INC. of LANSING, MI, was terminated on 2005-06-28 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2006-07-06. At the date of termination the plan had 24 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 |
|---|---|---|
| FEDERAL FORGE INC. LANSING DIVISION HOURLY EMPLOYEES'' RETIREMENT INCOME PLAN | 2005-06-28 | 223 |
All plans sponsored by EIN 381689140. Full sponsor profile →
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