Table S-12
Top 10 Firms | Number of Plans | Fiscal Years of Plan Terminations | Claims (by firm) | Vested Participants | Average Claim Per Vested Participant | Percent of Total Claims (1975-2001) |
---|---|---|---|---|---|---|
1. Pan American Air | 3 | 1991, 1992 | $841,082,434 | 37,472 | $22,446 | 11.0% |
2. Trans World Airlines | 2 | 2001 | 713,804,680 | 34,189 | 20,878 | 9.3% |
3. Eastern Air Lines | 7 | 1991 | 552,730,569 | 51,182 | 10,799 | 7.2% |
4. Wheeling Pitt Steel | 7 | 1986 | 495,235,029 | 22,144 | 22,364 | 6.5% |
5. Sharon Steel | 5 | 1994 | 290,787,636 | 6,886 | 42,229 | 3.8% |
6. LTV Republic Steel | 1 | 1986 | 221,920,051 | 8,208 | 27,037 | 2.9% |
7. Kaiser Steel | 4 | 1987, 1988 | 221,613,329 | 8,403 | 26,373 | 2.9% |
8. CF&I Steel | 1 | 1992 | 187,640,148 | 4,239 | 44,265 | 2.5% |
9. Allis-Chalmers* | 11 | 1985, 1986 | 185,735,060 | 9,055 | 20,512 | 2.4% |
10. Northwestern Steel & Wire | 2 | 2001 | 153,270,136 | 4,720 | 32,472 | 2.0% |
Top 10 Total | 43 | 3,863,819,071 | 186,498 | 20,718 | 50.5% | |
All Other Total | 2,922 | 3,790,700,034 | 591,090 | 6,413 | 49.5% | |
TOTAL (1975-2001) | 2,965 | $7,654,519,105 | 777,588 | $9,843 | 100.0% |
Sources: PBGC Fiscal Year Closing File (9/30/01), PBGC Case Administration System and PBGC Participant System (PRISM).
Due to rounding, percentages may not add up to 100 percent.
Data in this table have been calculated on a firm basis and include all plans of each firm.
Values and distributions are subject to change as PBGC completes its reviews and establishes termination dates.
* Does not include 1997 termination of plan sponsored by the reorganized Allis-Chalmers Corporation.