Federal Data Hub › PBGC Trusteed Plans · JSON
PBGC Trusteed Plan · Case 23706300
The BD LAPLACE, LLC EMPLOYEE RETIREMENT PLAN, a single-employer defined-benefit pension plan sponsored by BD LAPLACE, LLC of LA PLACE, LA, was terminated on 2019-12-31 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2020-06-29. At the date of termination the plan had 224 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 |
|---|---|---|
| ARCELORMITTAL LAPLACE LLC PENSION PLAN FOR BARGAINED EMPLOYEES | 2019-12-31 | 334 |
All plans sponsored by EIN 721125783. Full sponsor profile →
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