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PBGC Trusteed Plan · Case 4882500
The ALMONT MFG CO SALARIED EMPLOYEES PENSION PLAN, a single-employer defined-benefit pension plan sponsored by ALMONT MANUFACTURING CO of IMLA CITY, MI, was terminated on 1983-07-31 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1984-05-01. At the date of termination the plan had 19 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 |
|---|---|---|
| ALMONT MFG CO UAW PENSION PLAN | 1983-07-31 | 91 |
All plans sponsored by EIN 380292980. Full sponsor profile →
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