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WEST BROADWAY COMMUNITY PHARMACY INC DEFINED BENEFIT PLAN

PBGC Trusteed Plan · Case 22290200

The WEST BROADWAY COMMUNITY PHARMACY INC DEFINED BENEFIT PLAN, a single-employer defined-benefit pension plan sponsored by WEST BROADWAY COMMUNITY PHARMACY INC of UPPER SADDLE RIVER, NJ, was terminated on 2008-12-31 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2018-12-10. At the date of termination the plan had 5 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.

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