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PBGC Trusteed Plan · Case 21615200
The ERVING INDUSTRIES INC. PENSION PLAN NO. 2, a single-employer defined-benefit pension plan sponsored by ERVING INDUSTRIES INC. of Erving, MA, was terminated on 2010-04-25 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2011-01-13. At the date of termination the plan had 451 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 |
|---|---|---|
| ERVING INDUSTRIES INC. PENSION PLAN NO. 1 | 2010-04-25 | 313 |
| ERVING INDUSTRIES INC. PENSION PLAN NO. 3 | 2010-04-25 | 83 |
All plans sponsored by EIN 41291330. Full sponsor profile →
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