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PBGC Trusteed Plan · Case 21492900
The RET PLAN FOR HOURLY-RATED EMPLOYEES AT CENTRALIA IL, a single-employer defined-benefit pension plan sponsored by MERIDIAN AUTOMOTIVE SYSTEMS, INC. of GRAND RAPIDS, MI, was terminated on 2009-08-07 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2010-04-27. At the date of termination the plan had 939 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 |
|---|---|---|
| PENSION PLAN FOR BARG UNIT EMPLOYEES AT JACKSON OH | 2009-08-07 | 356 |
All plans sponsored by EIN 383534575. Full sponsor profile →
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