Federal Data Hub › PBGC Trusteed Plans · JSON

ANGELL NAIL & CHAPLET CO HOURLY RET PLAN

PBGC Trusteed Plan · Case 7809601

The ANGELL NAIL & CHAPLET CO HOURLY RET PLAN, a single-employer defined-benefit pension plan sponsored by ANGELL NAIL & CHAPLET CO of CLEVELAND, OH, was terminated on 1985-09-10 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1986-04-18. At the date of termination the plan had 53 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.

Other plans from the same sponsor

PlanTerminatedParticipants
ANGELL NAIL & CHAPLET COMPANY SALARIED RET PLAN1985-09-1012

All plans sponsored by EIN 340069150. Full sponsor profile →

References

  1. Pension Benefit Guaranty Corporation. Single-Employer Plans Trusteed by PBGC. trusteedplans.xlsx. Retrieved recently.
  2. Pension Benefit Guaranty Corporation. Open Government — Data Sets. pbgc.gov/about/open-government/data-sets.

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