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PBGC Trusteed Plan · Case 5982700
The LOWENBERG BAKERY INC EMPLOYEES RESTATED PEN PLAN, a single-employer defined-benefit pension plan sponsored by LOWENBERG BAKERY INC of OTTUMWA, IA, was terminated on 1984-09-03 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1986-03-20. At the date of termination the plan had 31 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 |
|---|---|---|
| LOWENBERG BAKERY INC SUPP PEN PLAN UNION 412 | 1984-09-03 | 99 |
| LOWENBERG BAKERY INC CSS&S SUP UNION PENSION PLAN | 1984-09-03 | 22 |
All plans sponsored by EIN 420647364. Full sponsor profile →
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