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SOUTHERN CROSS INDUSTRIES INC HOURLY EES

PBGC Trusteed Plan · Case 2428300

The SOUTHERN CROSS INDUSTRIES INC HOURLY EES, a single-employer defined-benefit pension plan sponsored by SOUTHERN CROSS INDUSTRIES INC of ATLANTA, GA, was terminated on 1978-11-20 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1980-01-11. 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.

Other plans from the same sponsor

All plans sponsored by EIN 580439830. 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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