Federal Data Hub › PBGC Trusteed Plans · JSON

PRODUCTIVE TOOL PRODUCTS

PBGC Trusteed Plan · Case 22114200

The PRODUCTIVE TOOL PRODUCTS, a single-employer defined-benefit pension plan sponsored by PRODUCTIVE TOOL PRODUCTS, INC. of FENTON, MO, was terminated on 2013-07-05 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2015-05-18. At the date of termination the plan had 24 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.

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.