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PBGC Trusteed Plan · Case 5420901
The GRIFFITH HOPE CO RET. PLAN FOR WAGE EMPLOYEES, a single-employer defined-benefit pension plan sponsored by GRIFFITH-HOPE CO of WEST ALLIS, WI, was terminated on 1983-12-21 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1986-02-06. At the date of termination the plan had 65 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 |
|---|---|---|
| GRIFFITH HOPE CO RETIREMENT PLAN SALARIED EES | 1983-12-21 | 14 |
All plans sponsored by EIN 390321230. Full sponsor profile →
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