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PBGC Trusteed Plan · Case 2223300
The ALAN WOOD STEEL CO AND UNITED STEELWORKERS, a single-employer defined-benefit pension plan sponsored by ALAN WOOD STEEL CO of CONSHOHOCKEN, PA, was terminated on 1977-11-01 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1979-01-05. At the date of termination the plan had 2,762 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 |
|---|---|---|
| ALAN WOOD STEEL CO. PENSION PLAN FOR SAL EMPL | 1977-11-01 | 635 |
All plans sponsored by EIN 231231670. Full sponsor profile →
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