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PBGC Trusteed Plan · Case 20893100
The SANDUSKY LIMITED SALARIED EMPLOYEES DEFINED BENEFIT PENSION PLAN, a single-employer defined-benefit pension plan sponsored by SANDUSKY LIMITED of SANDUSKY, OH, was terminated on 2006-12-22 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2008-12-12. At the date of termination the plan had 120 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 |
|---|---|---|
| SANDUSKY, LIMITED PENSION PLAN FOR HOURLY EMPLOYEES | 2006-12-22 | 288 |
All plans sponsored by EIN 341837945. Full sponsor profile →
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