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J.E. ARATA INC. DEFINED BENEFIT PENSION TRUST

PBGC Trusteed Plan · Case 20741100

The J.E. ARATA INC. DEFINED BENEFIT PENSION TRUST, a single-employer defined-benefit pension plan sponsored by J.E. ARATA INC. of FORT WAYNE, IN, was terminated on 1998-01-06 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2006-11-02. At the date of termination the plan had 44 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.

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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