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PBGC Trusteed Plan · Case 6427100
The UNIVERSAL FOUNDRY CO HOURLY EMPLOYEES PENSION PLAN, a single-employer defined-benefit pension plan sponsored by UNIVERSAL FOUNDRY COMPANY of OSHKOSH, WI, was terminated on 1985-04-08 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1985-06-21. At the date of termination the plan had 615 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 |
|---|---|---|
| UNIVERSAL FOUNDRY COMPANY PATTERN MAKERS PEN PLAN | 1985-04-08 | 11 |
All plans sponsored by EIN 390671110. Full sponsor profile →
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