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PBGC Trusteed Plan · Case 22433200
The PERKASIE INDUSTRIES CORPORATION NON-UNION EMPLOYEES PENSION PLAN, a single-employer defined-benefit pension plan sponsored by PERKASIE INDUSTRIES CORPORATION of PERKASIE, PA, was terminated on 2014-01-10 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2014-08-06. At the date of termination the plan had 50 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 |
|---|---|---|
| PERKASIE INDUSTRIES CORPORATION UNION EMPLOYEES PENSION PLAN | 2014-01-10 | 125 |
All plans sponsored by EIN 231664755. Full sponsor profile →
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