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PBGC Trusteed Plan · Case 21405900
The ARK II MANUFACTURING, LLC PENSION PLAN FOR SALARIED AND CERTAIN HOURLY EMPLOYEES, a single-employer defined-benefit pension plan sponsored by ARK II MANUFACTURING of STOW, OH, was terminated on 2009-01-13 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2009-07-17. At the date of termination the plan had 192 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 |
|---|---|---|
| ARK II MANUFACTURING, LLC PENSION PLAN FOR HOURLY RATED EMPLOYEES AT NILES, OHIO | 2009-01-13 | 237 |
All plans sponsored by EIN 203026518. Full sponsor profile →
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