Federal Data Hub › PBGC Trusteed Plans · JSON

PROPEX INC. CASH VALUE RETIREMENT PLAN

PBGC Trusteed Plan · Case 21154400

The PROPEX INC. CASH VALUE RETIREMENT PLAN, a single-employer defined-benefit pension plan sponsored by PROPEX INC. of AUSTELL, GA, was terminated on 2009-03-23 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2009-03-30. At the date of termination the plan had 238 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

PlanTerminatedParticipants
PROPEX INC. CASH BALANCE RETIREMENT PLAN2009-03-232,318

All plans sponsored by EIN 362692811. 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.

License: CC0 1.0 Universal. MORVS (AI Analytics LLC) is an independent republisher; corrections to corrections @ ai-analytics.org.