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PBGC Trusteed Plan · Case 4385000
The RATH PACKING CO INDIANAPOLIS PENSION PLAN, a single-employer defined-benefit pension plan sponsored by RATH PACKING COMPANY of WATERLOO, IA, was terminated on 1982-09-13 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1982-12-01. At the date of termination the plan had 475 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 |
|---|---|---|
| RATH PACKING CO OTHER WORKERS PENSION PLAN | 1982-09-13 | 4,492 |
| RATH PACKING CO MANAGEMENT PENSION PLAN | 1982-09-13 | 1,376 |
All plans sponsored by EIN 420483750. Full sponsor profile →
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