Federal Data Hub › PBGC Trusteed Plans · JSON
PBGC Trusteed Plan · Case 5109200
The COOK MACHINERY WIRE TECHNOLOGY CO HRLY RETIRE PLAN, a single-employer defined-benefit pension plan sponsored by WIRE TECHNOLOGY & MACHINERY CO of HACKENSACK, NJ, was terminated on 1983-10-16 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1984-07-30. At the date of termination the plan had 27 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 |
|---|---|---|
| COOK MACHINERY WIRE TECHNOLOGY CO SAL. PLAN | 1983-10-16 | 56 |
All plans sponsored by EIN 221908934. Full sponsor profile →
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