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PBGC Trusteed Plan · Case 20909500
The THE G & C FOUNDRY COMPANY LTD EMPLOYEES PENSION PLAN, a single-employer defined-benefit pension plan sponsored by THE G & C FOUNDRY COMPANY LTD of SANDUSKY, OH, was terminated on 2007-09-13 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2008-05-07. At the date of termination the plan had 23 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 |
|---|---|---|
| THE G & C FOUNDRY COMPANY LTD HOURLY EMPLOYEES PENSION PLAN | 2007-09-13 | 111 |
All plans sponsored by EIN 200033851. Full sponsor profile →
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