Federal Data Hub › PBGC Trusteed Plans · JSON

PENSION PLAN AGREEMENT BETWEEN GMP FRICTION PRODUCTS AND UNITED STEEL

PBGC Trusteed Plan · Case 21664000

The PENSION PLAN AGREEMENT BETWEEN GMP FRICTION PRODUCTS AND UNITED STEEL, a single-employer defined-benefit pension plan sponsored by GMP FRICTION PRODUCTS of AKRON, OH, was terminated on 2017-08-31 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2017-10-02. At the date of termination the plan had 57 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.

Other plans from the same sponsor

PlanTerminatedParticipants
PENSION PLAN FOR NON-UNION EMPLOYEES OF GMP FRICTION PRODUCTS2017-08-3130

All plans sponsored by EIN 340243590. Full sponsor profile →

References

  1. Pension Benefit Guaranty Corporation. Single-Employer Plans Trusteed by PBGC. trusteedplans.xlsx. Retrieved recently.
  2. Pension Benefit Guaranty Corporation. Open Government — Data Sets. pbgc.gov/about/open-government/data-sets.

License: CC0 1.0 Universal. MORVS (AI Analytics LLC) is an independent republisher; corrections to corrections @ ai-analytics.org.