Federal Data Hub › PBGC Trusteed Plans · JSON

NEW ENGLAND LAUNDRIES PLAN A

PBGC Trusteed Plan · Case 3499100

The NEW ENGLAND LAUNDRIES PLAN A, a single-employer defined-benefit pension plan sponsored by TEXTILE MAINTENANCE of SPRINGIELD, MA, was terminated on 1981-03-09 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1982-04-22. At the date of termination the plan had 60 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

PlanTerminatedParticipants
NEW ENGLAND LAUNDRIES PLAN B1981-03-0991

All plans sponsored by EIN 46058350. 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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