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WESTPOINT STEVENS INC. RETIREMENT PLAN

PBGC Trusteed Plan · Case 20339000

The WESTPOINT STEVENS INC. RETIREMENT PLAN, a single-employer defined-benefit pension plan sponsored by WESTPOINT STEVENS, INC. of WEST POINT, GA, was terminated on 2005-08-08 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2005-08-18. At the date of termination the plan had 8,414 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
WESTPOINT STEVENS INC. HOURLY RETIREMENT PLAN2005-08-0822,513

All plans sponsored by EIN 363498354. 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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