Federal Data Hub › PBGC Trusteed Plans · JSON
PBGC Trusteed Plan · Case 393700
The MATTHIESSEN & HEGELER UNITED STEELWORKERS PLAN, a single-employer defined-benefit pension plan sponsored by MATTHIESSEN & HEGELER ZINC CO of LA SALLE, IL, was terminated on 1975-11-01 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1976-02-25. At the date of termination the plan had 263 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 |
|---|---|---|
| MATTHIESSEN & HEGELER SALARIED PLAN | 1976-07-09 | 63 |
| MATTHIESSEN & HEGELER HOURLY PLAN | 1976-07-09 | 4 |
All plans sponsored by EIN 361444660. Full sponsor profile →
License: CC0 1.0 Universal. MORVS (AI Analytics LLC) is an independent republisher; corrections to corrections @ ai-analytics.org.