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PBGC Trusteed Plan · Case 5532000
The SYNTEX FABRICS INC SUPERVISORS AND EMPLOYEES P.P., a single-employer defined-benefit pension plan sponsored by SYNTEX FABRICS, INC. of WILLIAMSPORT, PA, was terminated on 1984-01-09 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1985-12-11. At the date of termination the plan had 23 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 |
|---|---|---|
| SYNTEX FABRICS, INC PENSION PLAN | 1978-09-20 | 83 |
All plans sponsored by EIN 240739233. Full sponsor profile →
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