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PBGC Trusteed Plan · Case 839700
The MIDVALE HEPPENSTALL PLANT GUARD WORKERS, a single-employer defined-benefit pension plan sponsored by MIDVALE-HEPPENSTALL CO of NICETOWN, PA, was terminated on 1976-04-30 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1977-04-22. At the date of termination the plan had 1 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 |
|---|---|---|
| MIDVALE HEPPENSTALL CO USWA | 1976-04-30 | 520 |
| MIDVALE HEPPENSTALL SALARIED EMPLOYEES RET PLAN | 1976-04-30 | 241 |
All plans sponsored by EIN 231477723. Full sponsor profile →
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