Federal Data Hub › PBGC Trusteed Plans · JSON
PBGC Trusteed Plan · Case 2060500
The QUAKER CITY IRON WORKS UNION RETIREMENT PLAN, a single-employer defined-benefit pension plan sponsored by QUAKER CITY IRON WORKS, INC of PHILADELPHIA, PA, was terminated on 1978-02-28 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1978-11-20. At the date of termination the plan had 96 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 |
|---|---|---|
| QUAKER CITY IRON WORKS INC PENSION PLAN | 1978-02-28 | 34 |
All plans sponsored by EIN 231295788. Full sponsor profile →
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