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KARDEX SYSTEMS, INC. HOURLY EES RETIREMENT PLAN

PBGC Trusteed Plan · Case 20579500

The KARDEX SYSTEMS, INC. HOURLY EES RETIREMENT PLAN, a single-employer defined-benefit pension plan sponsored by KARDEX SYSTEMS INC. of LEWISTOWN, PA, was terminated on 2005-12-31 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2007-04-04. At the date of termination the plan had 355 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
KARDEX SYSTEMS, INC. SALARIED EES' RETIREMENT PLAN2005-12-31224

All plans sponsored by EIN 161112879. 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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