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INDEPENDENT LOCK CO NON BARGAINING PLAN

PBGC Trusteed Plan · Case 2358400

The INDEPENDENT LOCK CO NON BARGAINING PLAN, a single-employer defined-benefit pension plan sponsored by ILCO CORP of Fitchburg, MA, was terminated on 1977-01-21 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1978-09-14. At the date of termination the plan had 45 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

All plans sponsored by EIN 41469710. 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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