Federal Data Hub › PBGC Trusteed Plans · JSON
PBGC Trusteed Plan · Case 21938700
The NARROW FABRIC INDUSTRIES CORPORATION HOURLY EMPLOYEES PENSION PLAN, a single-employer defined-benefit pension plan sponsored by NARROW FABRIC INDUSTRIES CORPORATION of West Reading, PA, was terminated on 2011-09-09 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2012-02-10. At the date of termination the plan had 243 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 |
|---|---|---|
| NARROW FABRIC INDUSTRIES CORPORATION SALARIED EMPLOYEES PENSION PLAN | 2011-09-09 | 98 |
All plans sponsored by EIN 522128876. Full sponsor profile →
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