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AUBURN FOUNDRY INC. RETIREMENT INCOME PLAN

PBGC Trusteed Plan · Case 24069700

The AUBURN FOUNDRY INC. RETIREMENT INCOME PLAN, a single-employer defined-benefit pension plan sponsored by AUBURN FOUNDRY INC. of Leland, MI, was terminated on 2021-09-30 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 2021-10-04. At the date of termination the plan had 419 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
AUBURN FOUNDRY INC. SALARIED EMPLOYEES' RETIREMENT PLAN2021-09-30185

All plans sponsored by EIN 350154360. 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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