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FABSTEEL COMPANY OF TEXAS

PBGC Trusteed Plan · Case 8343500

The FABSTEEL COMPANY OF TEXAS, a single-employer defined-benefit pension plan sponsored by THE FABSTEEL CO of WASKOM, TX, was terminated on 1986-06-30 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1988-07-19. At the date of termination the plan had 24 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
MESKER STEEL INC HOURLY EES RETIREMENT PLAN1986-06-3075
FABSTEEL CO OF LOUISIANA PENSION PLAN1986-06-3059
FABSTEEL COMPANY OLIVE BRANCH PENSION PLAN1986-06-3017

All plans sponsored by EIN 751380151. 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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