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SPENCER FOODS, INC. SPENCER MEAT CUTTERS PEN PLAN

PBGC Trusteed Plan · Case 2397300

The SPENCER FOODS, INC. SPENCER MEAT CUTTERS PEN PLAN, a single-employer defined-benefit pension plan sponsored by SPENCER FOODSINC of SPENCER, IA, was terminated on 1978-10-30 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1979-04-04. At the date of termination the plan had 416 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
SPENCER FOODS WISC LEATHER DIV UNION PEN PLAN1980-06-0630
SPENCER FOODS WISC LEATHER DIV MGT/CLERI EMP RET1980-06-0611
SPENCER FOODS WISC LEATHER DIV OPER ENG PENS PL1980-06-064

All plans sponsored by EIN 10362. 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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