Table S-12
Top 10 Firms Presenting Claims (1975-2002)
Single-Employer Program
| Top 10 Firms |
Number of Plans |
Fiscal Years of PlanTerminations |
Claims
(by firm) |
Vested Participants |
Average Claim Per Vested Participant |
Percent of Total Claims (1975-2002)
|
| 1. LTV Steel* |
4 |
2002 |
$1,850,706,540 |
78,629 |
$23,537 |
16.8% |
| 2. Pan American
Air |
3 |
1991,1992 |
841,082,434 |
37,472 |
22,446 |
7.6% |
| 3. Trans World
Airlines |
2 |
2001 |
711,111,058 |
34,189 |
20,799 |
6.4% |
| 4. Eastern Air
Lines |
7 |
1991 |
552,730,567 |
51,182 |
10,799 |
5.0% |
| 5. Wheeling Pitt
Steel |
7 |
1986 |
495,235,029 |
22,144 |
22,364 |
4.5% |
| 6. Polaroid |
1 |
2002 |
357,020,744 |
11,353 |
31,447 |
3.2% |
| 7. Sharon Steel |
5 |
1994 |
290,787,636 |
6,886 |
42,229 |
2.6% |
| 8. LTV Republic
Steel |
1 |
1986 |
221,920,051 |
8,208 |
27,037 |
2.0% |
| 9. Kaiser Steel |
4 |
1987, 1988 |
221,613,328 |
8,403 |
26,373 |
2.0% |
| 10. Anchor Glass |
1 |
2002 |
207,192,783 |
13,736 |
15,084 |
1.9% |
| Top 10 Total |
35 |
|
5,749,400,170 |
272,202 |
21,122 |
52.1% |
| All Other Total |
3,087 |
|
5,284,901,494 |
693,601 |
7,620 |
47.9% |
| TOTAL (1975-2002) |
3,122 |
|
$11,034,301,664 |
965,803 |
$11,425 |
100.0% |
Sources: PBGC Fiscal Year Closing File (9/30/02), 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 1986 termination of a Republic Steel plan sponsored by LTV.