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WELLS MANUFACTURING CORPORATION HRLY EMPL PEN PL

PBGC Trusteed Plan · Case 9231400

The WELLS MANUFACTURING CORPORATION HRLY EMPL PEN PL, a single-employer defined-benefit pension plan sponsored by WELLS MFG CORP of THREE RIVERS, MI, was terminated on 1986-08-15 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1988-11-23. At the date of termination the plan had 86 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
WELLS MANUFACTURING CORP. EMPLOYEES RET. INC PLAN1987-02-0728

All plans sponsored by EIN 381158310. 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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