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KARDEX SYSTEMS, INC. SALARIED EES' RETIREMENT PLAN

PBGC Trusteed Plan · Case 20584600

The KARDEX SYSTEMS, INC. SALARIED 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 224 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. HOURLY EES RETIREMENT PLAN2005-12-31355

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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