Federal Data Hub › PBGC Trusteed Plans · JSON
PBGC Trusteed Plan · Case 940900
The MATTHIESSEN & HEGELER HOURLY PLAN, a single-employer defined-benefit pension plan sponsored by MATTHIESSEN & HEGELER ZINC CO of LA SALLE, IL, was terminated on 1976-07-09 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1977-04-19. At the date of termination the plan had 4 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 |
|---|---|---|
| MATTHIESSEN & HEGELER UNITED STEELWORKERS PLAN | 1975-11-01 | 263 |
| MATTHIESSEN & HEGELER SALARIED PLAN | 1976-07-09 | 63 |
All plans sponsored by EIN 361444660. Full sponsor profile →
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