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PBGC Trusteed Plan · Case 21502000
The PENSION AGREEMENT BETWEEN CRUCIBLE INC SYRACUSE AND UNITED, a single-employer defined-benefit pension plan sponsored by CRUCIBLE MATERIALS CORPORATION of SOLVAY, NY, was terminated on 2009-09-30 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2010-01-11. At the date of termination the plan had 1,555 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 |
|---|---|---|
| CRUCIBLE MATERIALS CORPORATION SALARIED RETIREMENT PLAN | 2009-09-30 | 1,457 |
| PENSION PLAN FOR HOURLY EMPLOYEES OF TRENT TUBE -EAST TROY DIVISION | 2009-09-30 | 302 |
| PENSION PLAN FOR HOURLY EMPLOYEES OF TRENT TUBE CARROLLTON | 2009-09-30 | 84 |
| CRUCIBLE COMPACTION METALS OPERATION USW PENSION PLAN | 2009-09-30 | 44 |
| RETIREMENT PLAN FOR CLEVELAND WAREHOUSE EMPLOYEES | 2009-09-30 | 35 |
All plans sponsored by EIN 133179229. Full sponsor profile →
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