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PBGC Trusteed Plan · Case 21480700
The PENSION PLAN FOR EMPLOYEES OF ALUMINUM INDUSTRY & ALLIED, a single-employer defined-benefit pension plan sponsored by INDALEX INC of Lincolnshire, IL, was terminated on 2009-07-31 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2010-03-23. At the date of termination the plan had 487 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 |
|---|---|---|
| INDALEX USA PENSION PLAN | 2009-07-31 | 2,350 |
| PENSION PLAN FOR EMPLOYEES OF THE ALUMINUM INDUSTRY AND ALLIED | 2009-07-31 | 93 |
| PENSION PLAN FOR EMPLOYEES OF THE ALUMINUM INDUSTRY AND ALLIED | 2009-07-31 | 37 |
All plans sponsored by EIN 943157362. Full sponsor profile →
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