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PBGC Trusteed Plan · Case 2454200
The SHAPSON INC PENSION PLAN (JOINT BD LEATHER WORK), a single-employer defined-benefit pension plan sponsored by SHAPSON INC of WASHINGTON, DC, was terminated on 1978-11-30 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1981-08-26. At the date of termination the plan had 123 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 |
|---|---|---|
| HOLINER LEATHER PRODUCTS INC | 1980-07-31 | 16 |
| STEVEN NEUMAN TANNERY INC. PP OF THE FLM JOINT BOARD | 2001-07-01 | 10 |
| COUNT INDUSTRIAL TRUCKING / FLM JOINT LEATHER | 1976-08-31 | 5 |
All plans sponsored by EIN 136215098. Full sponsor profile →
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