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PBGC Trusteed Plan · Case 22821900
The TWI HOURLY EMPLOYEES PENSION PLAN, a single-employer defined-benefit pension plan sponsored by TAYLOR-WHARTON INTERNATIONAL LLC of MECHANICSBURG, PA, was terminated on 2015-12-31 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2016-06-03. At the date of termination the plan had 825 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 |
|---|---|---|
| TW HARRISBURG HOURLY EMPLOYEES PENSION PLAN | 2015-12-31 | 195 |
All plans sponsored by EIN 261411577. Full sponsor profile →
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