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WASHBURN WIRE CO RHODE ISLAND HOURLY PLAN

PBGC Trusteed Plan · Case 2797500

The WASHBURN WIRE CO RHODE ISLAND HOURLY PLAN, a single-employer defined-benefit pension plan sponsored by WASHBURN WIRE COMPANY of PHILLIPSDALE, RI, was terminated on 1979-10-01 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1980-07-10. At the date of termination the plan had 567 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

Plan	Terminated	Participants
WASHBURN WIRE CO NEW YORK HOURLY PLAN	1976-10-31	870
WASHBURN WIRE CO. (SUPERVISORY AND MGR EMPL)	1976-10-31	45
WASHBURN WIRE CO RETIRE PLAN FOR EXEC, SUPVRY & MG	1979-10-01	37

All plans sponsored by EIN 50235155. Full sponsor profile →

References

Pension Benefit Guaranty Corporation. Single-Employer Plans Trusteed by PBGC. trusteedplans.xlsx. Retrieved recently.
Pension Benefit Guaranty Corporation. Open Government — Data Sets. pbgc.gov/about/open-government/data-sets.

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