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PBGC Trusteed Plan · Case 7164900
The ALLIS CHALMERS HOURLY UAW, a single-employer defined-benefit pension plan sponsored by UPDATE SPONSOR NAME of WEST ALLIS, WI, was terminated on 1985-07-26 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1985-07-26. At the date of termination the plan had 8,486 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 |
|---|---|---|
| ALLIS-CHALMERS CONSOLIDATED PP | 1997-04-14 | 8,874 |
| ALLIS CHALMERS HERMAN NELSON DIVISION | 1985-10-31 | 218 |
| ALLIS CHALMERS WEST ALLIS | 1985-10-31 | 64 |
| ALLIS CHALMERS DECATOR LOCAL 845 | 1985-10-31 | 49 |
| ALLIS CHALMERS HOURLY EMPLOYEES LOCAL 2029 OXNARD | 1985-10-31 | 33 |
| ALLIS CHALMERS NORWOOD | 1985-10-31 | 6 |
| ALLIS CHALMERS NON UNION LAPORTE PLANT | 1985-10-31 | 4 |
| ALLIS CHALMERS LAPORTE PLANT LOCAL 119 | 1985-10-31 | 2 |
All plans sponsored by EIN 390126090. Full sponsor profile →
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