Federal Data Hub › PBGC Trusteed Plans · JSON
PBGC Trusteed Plan · Case 23276700
The M & G POLYMERS USA LLC SALARIED EMPLOYEES RETIREMENT PLAN, a single-employer defined-benefit pension plan sponsored by M&G POLYMERS USA LLC of Apple Grove, WV, was terminated on 2018-02-28 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2018-06-06. At the date of termination the plan had 113 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 |
|---|---|---|
| M & G POLYMERS USA LLC HOURLY PENSION PLAN | 2018-02-28 | 892 |
All plans sponsored by EIN 760607593. Full sponsor profile →
License: CC0 1.0 Universal. MORVS (AI Analytics LLC) is an independent republisher; corrections to corrections @ ai-analytics.org.