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PBGC Trusteed Plan · Case 4845000
The HW CLARK COMPANY HOURLY PENSION PLAN, a single-employer defined-benefit pension plan sponsored by H W CLARK CO of MATTOON, IL, was terminated on 1983-05-31 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1983-12-29. At the date of termination the plan had 20 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 |
|---|---|---|
| HW CLARK COMPANY SALARIED PLAN | 1983-05-31 | 4 |
All plans sponsored by EIN 370218890. Full sponsor profile →
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