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FEDERALS INC LOCAL 556

PBGC Trusteed Plan · Case 2661200

The FEDERALS INC LOCAL 556, a single-employer defined-benefit pension plan sponsored by FEDERALS, INC. of DETROIT, MI, was terminated on 1979-04-14 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1979-08-13. At the date of termination the plan had 170 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 380465050. 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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