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AMERICAN HOLLOW BORING CO HOURLY EMPLOYEES DEFINED BENEFIT PENSION

PBGC Trusteed Plan · Case 22885900

The AMERICAN HOLLOW BORING CO HOURLY EMPLOYEES DEFINED BENEFIT PENSION, a single-employer defined-benefit pension plan sponsored by AMERICAN HOLLOW BORING CO of ERIE, PA, was terminated on 2014-06-30 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2016-11-17. At the date of termination the plan had 36 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.

Other plans from the same sponsor

PlanTerminatedParticipants
AMERICAN HOLLOW BORING CO SALARIED EMPLOYEES DEFINED BENEFIT PENSION2014-06-3017

All plans sponsored by EIN 250319510. Full sponsor profile →

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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