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PENSION PLAN FOR HOURLY EMPLOYEES OF THE WAPAKONETA MACHINE COMPANY

PBGC Trusteed Plan · Case 20613900

The PENSION PLAN FOR HOURLY EMPLOYEES OF THE WAPAKONETA MACHINE COMPANY, a single-employer defined-benefit pension plan sponsored by WAPAKONETA MACHINE COMPANY of WAPAKONETA, OH, was terminated on 2005-12-31 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2007-09-17. At the date of termination the plan had 91 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

All plans sponsored by EIN 344385830. 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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