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PBGC Trusteed Plan · Case 2351500
The ADAMS AND WESTLAKE PENSION PLAN NO. 2, a single-employer defined-benefit pension plan sponsored by THE ADAMS & WESTLAKE CO. of ELKHART, IN, was terminated on 1978-09-30 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1978-12-22. At the date of termination the plan had 424 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 |
|---|---|---|
| ADAMS AND WESTLAKE PENSION PLAN #1 | 1978-09-30 | 131 |
All plans sponsored by EIN 351264182. Full sponsor profile →
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