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PRECISION COMPONENTS INC PEN PLAN FOR SAL EMPS

PBGC Trusteed Plan · Case 8312500

The PRECISION COMPONENTS INC PEN PLAN FOR SAL EMPS, a single-employer defined-benefit pension plan sponsored by PRECISION COMPONENTS, INC of DETROIT, MI, was terminated on 1982-07-30 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1986-12-29. At the date of termination the plan had 51 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

All plans sponsored by EIN 382276924. 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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