Federal Data Hub › PBGC Trusteed Plans · JSON
PBGC Trusteed Plan · Case 2620700
The PEERLESS WIRE GOODS COMPANY INC RET FOR FOREMAN, a single-employer defined-benefit pension plan sponsored by PEERLESS WIRE GOODS CO INC of LAFAYETTE, IN, was terminated on 1979-04-27 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1979-09-11. At the date of termination the plan had 21 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 |
|---|---|---|
| PEERLESS WIRE GOODS CO INC RET FOR UNION EES | 1979-04-27 | 242 |
| PEERLESS WIRE GOODS CO SALARIED EMPLOYEES | 1979-04-27 | 32 |
All plans sponsored by EIN 351167361. Full sponsor profile →
License: CC0 1.0 Universal. MORVS (AI Analytics LLC) is an independent republisher; corrections to corrections @ ai-analytics.org.