Federal Data Hub › PBGC Trusteed Plans · JSON
PBGC Trusteed Plan · Case 20790200
The SOUTHERN PRODUCTS CO PENSION PLAN, a single-employer defined-benefit pension plan sponsored by SOUTHERN PRODUCTS CO of BRIDGETON, MO, was terminated on 2006-01-17 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2006-11-21. At the date of termination the plan had 54 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 |
|---|---|---|
| SOUTHERN PRODUCTS CO. RETIREMENT PLAN FOR BARGAINING -UNIT EMPLOYEES | 2006-01-17 | 76 |
All plans sponsored by EIN 430647076. Full sponsor profile →
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