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PBGC Trusteed Plan · Case 641000
The LUDLOW TYPOGRAPH CO VOLUNTARY PENSION & RET. PLAN, a single-employer defined-benefit pension plan sponsored by LUDLOW TYPOGRAPH CO DIVISION OF LUDLOW IND INC of CHICAGO, IL, was terminated on 1976-01-30 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1978-06-01. At the date of termination the plan had 97 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 |
|---|---|---|
| LUDLOW TYPOGRAPH CO LOCAL 1024 AFL CIO PENSION PL | 1976-01-30 | 183 |
All plans sponsored by EIN 361409530. Full sponsor profile →
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