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PBGC Trusteed Plan · Case 972100
The EVANS PRODUCTS PENSION PLAN UNITED STEELWORKERS, a single-employer defined-benefit pension plan sponsored by GROSSMAN'S INC. of CANTON, MA, was terminated on 1976-07-31 and taken into trusteeship by the Pension Benefit Guaranty Corporation on 1979-06-25. At the date of termination the plan had 551 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 |
|---|---|---|
| EVANS PRODUCTS PENSION PLAN FOR GUARDS LOCAL 114 | 1976-07-31 | 9 |
| EVANS PRODUCTS CO P/P FOR FIREMEN AND OILERS | 1976-07-31 | 6 |
All plans sponsored by EIN 380524830. Full sponsor profile →
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