Federal Data Hub › PBGC Trusteed Plans · JSON
PBGC Trusteed Plan · Case 707200
The SOUTHERN CROSS INDUSTRIES INC SALARIE EES PEN, a single-employer defined-benefit pension plan sponsored by SOUTHERN CROSS INDUSTRIES INC of ATLANTA, GA, was terminated on 1976-03-10 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1978-11-17. At the date of termination the plan had 124 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 |
|---|---|---|
| SOUTHERN CROSS INDUSTRIES INC HOURLY EES | 1978-11-20 | 224 |
All plans sponsored by EIN 580439830. Full sponsor profile →
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