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PBGC Trusteed Plan · Case 20374600
The HOWELL INDUSTRIES INC. UNITED STEEL WORKERS OF AMERICA LOCAL 1618-2 PENSION PLAN, a single-employer defined-benefit pension plan sponsored by LOBDELL EMERY CORPORATION of TROY, MI, was terminated on 2005-02-25 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2005-04-19. At the date of termination the plan had 227 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 |
|---|---|---|
| HOWELL IND. RETIREMENT PLAN FOR HOURLY EMPLOYEES AT THE LAPEER PLANT | 2005-02-25 | 131 |
| HOWELL IND. INC. PENSION & RETIREMENT FUND PLAN | 2005-02-25 | 38 |
All plans sponsored by EIN 380479830. Full sponsor profile →
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