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PBGC Trusteed Plan · Case 3315400
The WENNING PACKING CO UNION EMPLOYEES PLAN, a single-employer defined-benefit pension plan sponsored by WENNING PACKING CO of NEW SALISBURY, IN, was terminated on 1980-11-03 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1981-02-25. At the date of termination the plan had 38 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 |
|---|---|---|
| WENNING PACKING CO NON-UNION EMPLOYEES PLAN | 1980-11-03 | 30 |
All plans sponsored by EIN 350973370. Full sponsor profile →
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