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PBGC Trusteed Plan · Case 20411900
The PEERLESS POTTERY INC. HOURLY EMPLOYEES'' PENSION PLAN, a single-employer defined-benefit pension plan sponsored by PEERLESS POTTERY INC of Rockport, IN, was terminated on 2004-10-31 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2005-09-12. At the date of termination the plan had 171 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 |
|---|---|---|
| PEERLESS POTTERY INC. SALARIED EMPLOYEES'' RETIREMENT PLAN | 2004-10-31 | 50 |
All plans sponsored by EIN 350572525. Full sponsor profile →
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